Block trade in Fiat priced 28 pct over mkt -bourse

Newswire

MILAN, Dec 30 (Reuters) - A block of shares equivalent to 2.1 percent of the ordinary stock of carmaker and industrial group Fiat changed hands on Monday, priced at 9.97 euros per share, a 28 percent premium over the price on the open market. A spokesman for the stock market in Milan confirmed the price of the block trade quoted on Reuters page . Fiat stock earlier in the session touched a new, roughly two-decade low of 7.55 euros per ordinary share.

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