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Italian Government Reaches Union Agreement on Fiat’s CNH Plant

By Marco Bertacche

Sept. 10 (Bloomberg) -- The Italian government reached an agreement with labor unions of Fiat SpA’s CNH Global NV agricultural equipment unit on temporary lay-offs for the Imola plant, the Industry Ministry said in an e-mailed statement late yesterday.

The agreement allows the government and unions to start negotiations on the future of the plant, the statement said.

Last Updated: September 10, 2009 02:21 EDT

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