Fiat’s happy – Did somebody complain? (Fiat’s failed international equity offering)

Fiat got the Libyans out; Deutsche Bank got the d what did the underwriters get? By Peter Lee

Fiat got the Libyans out; Deutsche Bank got the d what did the underwriters get? By Peter Lee

“It’s not our problem,” said the Fiat spokesman. “IFI sold the shares to the Deutsche and Mediobanca consortium. What happened then was their business and beyond our control. Did anything that dramatic happen?”

What happened was dramatic enough to capture the attention of the world’s leading financiers, gathered in Washington for the IMF meeting. In London they were calling it “the great Fiatsco”.

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