In July Fiat exercised its option for a first tranche of around 3.3 percent of Chrysler from the VEBA fund.

Fiat said it estimated the net amount to be paid for the purchase of this second tranche is $198 million.

The group said the Chancery Court of Delaware is expected to decide over the price for the transaction in the next months.

(Reporting by Antonella Ciancio)