Latest Magneti Marelli news

Samsung’s acquisition of Magneti Marelli deemed unlikely

We've been hearing for almost a year now that Samsung is interested in acquiring auto parts giant Magneti Marelli, a wholly owned subsidiary of Fiat Chrysler. We did hear a few months ago that Samsung had actually given up on the acquisition but over the past few weeks, there have been reports yet again of […]

By Adnan Farooqui
7 years ago

Samsung heir loses board seat at Fiat Chrysler

Samsung Electronics vice chairman and the conglomerate's heir apparent has had a tough few months. He has been behind bars due to his alleged role in South Korea's corruption scandal that has already toppled the presidency. The scandal appears to be having an impact on Lee Jae-yong's standing in the global business community as well. […]

By Adnan Farooqui
8 years ago

Samsung might confirm Magneti Marelli acquisition later this year

It was first reported last year that Samsung was interested in acquiring Fiat Chrysler's auto parts subsidiary Magneti Marelli. Progress was reportedly being made in the talks but the deal had to be set aside as Samsung dealt with the fallout from the Galaxy Note 7 disaster. It was later reported that Samsung had actually […]

By Adnan Farooqui
8 years ago

Samsung may still be trying to acquire Magneti Marelli

Auto parts giant Magneti Marelli is a subsidiary of Fiat Chrysler. It was first reported last year that Samsung Electronics was interested in acquiring Magneti Marelli because of the latter's entertainment, telematics, and lighting capabilities. Talks were reportedly progressing nicely but Samsung then had to put the deal on the back burner because it had […]

By Adnan Farooqui
8 years ago

Samsung reportedly gives up on Magneti Marelli acquisition

We first heard about Samsung's interest in auto parts giant Magneti Marelli earlier this year when it was reported that the Korean company was interested in acquiring this Fiat Chrysler subsidiary. Samsung interest was said to be in Magneti Marelli's telematics, entertainment and lighting capabilities and was expected to pay as much as $3 billion […]

By Adnan Farooqui
8 years ago

Samsung puts Magneti Marelli deal on the back burner to deal with the Galaxy Note 7 crisis

It was reported earlier this year that Samsung was in talks with Fiat Chrysler Automobiles to acquire its automotive parts subsidiary, Magneti Marelli. The company was reportedly interested in Magneti Marelli's capabilities in telematics, lighting and entertainment. It was suggested that if a deal was made it could be worth around $3 billion. There were […]

By Adnan Farooqui
8 years ago

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