TURIN, Italy, Shawwal 5, 1435, Aug 1, 2014, SPA -- Fiat shareholders voted Friday overwhelmingly in favor of a merger with Chrysler that has been five years in the works and will shift the 115-year-old carmaker's center of gravity abroad, dpa reported. The approval paves the way the new company, to be called Fiat Chrysler Automobiles NV, to list its shares in the U.S., likely by mid-October. It will be legally based in the Netherlands and have its fiscal home in Britain. A caveat to the merger remains. Dissenting shareholders have a couple of weeks to opt out, cashing in their shares at 7.727 euros ($10.35), about 7 percent above current share price. Bondholders have a longer opt-out period of 60 days. If the total request exceeds 500 million euros, CEO Sergio Marchionne said the merger would be off __ temporarily. A total of 84 percent of shares represented at the assembly were cast in favor of the merger. The votes against represent some 8 percent of total shares, which would easily put demand over the 500 million-euro cap. However, the vote is not necessarily indicative of a desire to cash out: A number of the shareholders said they were voting against for sentimental reasons, citing Italy's loss of prominence in the Fiat universe, but that they intended to stay on as shareholders. -- SPA 22:27 LOCAL TIME 19:27 GMT www.spa.gov.sa/w