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Bloomberg reports Fiat Chrysler Automobiles NV has fielded interest in some of its Magneti Marelli businesses as the Italian-American carmaker prepares for a potential spinoff of the auto-parts unit by early next year, according to people familiar with the matter.Bain Capital has sought to buy businesses including the lighting division, and U.S. rival Tenneco Inc. has shown interest in some or all of Marelli’s assets, said the people, who asked not to be named as talks are private. Brembo SpA, which supplies brakes for Ferrari NV’s Formula 1 race cars, has discussed buying some Marelli assets, working with a group of Italian investors, they said.Magneti Marelli may be valued at about 5 billion euros ($6.1 billion) including debt, the people said. Fiat Chrysler said last year that it was considering a spinoff of the unit, as part of Marchionne’s plan to unlock value and better position the company for the changes churning through the industry. The 65-year-old CEO had more recently targeted last month for the board to review terms for distributing the stock.
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