Italian automotive supplier Magneti Marelli can become the property of the Korean giant.
Daughter of Fiat Chrysler Automobiles Samsung can be purchased for $ 3 billion. Proposal for the acquisition of unit is considered more than a year.
Recently, negotiations have entered an active phase that brings the prospect of buying by Samsung 100-year-old manufacturer of automotive components from Italy. Previously the sum of the transaction at the level of 2.5 bln. Euro was offered, but FCA evaluates its division in the amount of not less than 3 bln. Dollars.
Magneti Marelli S.p.A. engaged in the production of automotive components for conveyor deliveries to production models of cars, auto parts market and acts as a technical partner of sports teams Ferrari, Renault, Toyota, Toro Rosso and Red Bull. The company has 56 factories, 36 centers in Europe, Asia, Africa and the USA.