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CREATING VALUE
Since taking over Fiat in 2004, Marchionne has grown the company’s market value by more than tenfold. Fiat’s share prices rose from 1.4 euros ($1.64) to as much as 20 euros ($23.4) this year. That increase reflects the takeover of
GETTING CASH FROM GM
The key to relaunching Fiat was getting
BUYING CHRYSLER FOR NOTHING
In 2009, as CEO of Fiat, Marchionne struck an agreement to take over
SPINOFFS
Marchionne unlocked wealth by spinning off subsidiaries, above all the sports car and racing unit Ferrari and the construction vehicles manufacturer CNH. Ferrari is now worth 27 billion euros ($32 billion) and CNH about 18 billion euros ($21 billion).