By Adam Rhodes ( September 12, 2018, 8:13 PM EDT) -- Carmaker Fiat Chrysler Automobiles NV wants more than €6 billion ($7 billion) for auto parts company Magneti Marelli SpA, Bloomberg reported on Wednesday. According to the report, the company is in exclusive talks with a KKR-owned supplier. Citing anonymous sources, the outlet reported that the private equity giant might look to spend roughly €5 billion for the unit amid unfavorable spinoff conditions. Bloomberg reported in late August that the pair were discussing a deal....
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