Divorce Italian-style

摘要

It promises to be a classic piece of busi-ness theatre. On December 14th Sergio Marchionne, boss of Italy's troubled Fiat group (its fifth in two years), will fly to Zurich for a showdown with Rick Wagoner, boss of General Motors, and John Devine, GM'S chief financial officer. The message Mr Marchionne will deliver is stark: if you want to be released from your legal obligation to buy the rest of Fiat Auto (and GM desperately wants out), it will cost—not just money, but a renegotiation of the entire partnership between the two carmak-ers, on terms more favourable to Fiat.