Business Services Industry
Brazil : ABN Amro Real and Fiat signs contract.
South American Business Information, November, 2000
ABN Amro Real and Fiat Finance Brasil has signed a lock-out agreement which will allow ABN to manage US$17bil cash management from the 37 companies of the group in Brazil. The deal represents 20% of ABN's operational earnings in 2000 first half (January- June) that reached R$203.073mil. Fiat group invested US$2.1bil in Brazil over the last three years. In 1999 the group had R$8.9bil turnover in the country.
Copyright (c) 2000, SABI, all rights reserved.
Source: Gazeta Mercantil Page: B-2 Date: November 10, 2000 Country: Brazil Product: Financial Management/Financial Services Company: ABN Amro Real ; Fiat ; Fiat Finance Brasil Event: Contracts & Orders SABI (South American Business Information)
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