FCAU sells auto parts unit to Japanese Manufacturer KKR
There was news released on Aug 23 that KKR wants to purchase the auto parts unit from Fiat Chrysler for 5.8 billion euro. The stock gapped up next day, but didn't vary during the day. Second day from the news it increased $1 from $16.86 to $17.87. Now KKR is offering more money than before (6.2 billion euro), so I expect the price should go up in premarket. The reaction at the time on KKR was not clear, I don't know if the investors perceived it as good news, bad news or who cares news.
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