Chrysler Group LLC filed its initial document on the road to a potential IPO on Monday.
The filing�includes few details and only lists J.P. Morgan Chase as an underwriter for the deal at this point. The company isn’t planning to sell any shares itself: instead the filing is an attempt by the union to find a market for its large position.
The filing is full of one set of details, however. Risk factors. Lots of them. Mostly, the risks are tied to the relationship Chrysler has with Italy’s Fiat(F.MI), which has some different views than the union over an IPO.
Here are the more intriguing risk factors:
Fiat isn’t sure about this IPO idea: ��iat has informed us that it is evaluating the various potential impacts that a public offering and the consequential introduction of public stockholders may have on its views of the Fiat-Chrysler Alliance, and as such, is considering whether or not to continue expanding the Fiat-Chrysler Alliance beyond its existing contractual commitments. If Fiat becomes unwilling to work with us beyond the scope of its existing contractual obligations, there may be a material adverse effect on our business prospects, financial condition and results of operations.��/p>
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