Milan/Rome: Fiat Chrysler Automobiles NV chief executive officer Sergio Marchionne said he sees Samsung Electronics Co. as a potential partner amid interest from several potential buyers of its Magneti Marelli auto-parts unit. “We have a very good relationship with Samsung, both as a supplier and as a potential strategic partner,” Marchionne said late Saturday in an interview with Bloomberg Television in Rome. Marchionne declined to comment on whether Samsung would eventually make a bid for the Marelli unit. Samsung is in advanced talks to buy some or all of the Marelli operations, people familiar with the matter said earlier this month. Samsung’s Lee will visit Europe at the end of this month to participate in Exor’s board meeting and discuss the acquisition of Magneti Marelli, Maeil Business Newspaper reported 25 August.

Source: Mint August 28, 2016 12:56 UTC