MILAN, March 28 (Reuters) - Italian bank Capitalia does not intend to make publisher De Agostini sell a 6.6 percent stake in the bank held by insurer Toro that the publisher had recently acquired, Capitalia's director general said on Friday. "There is no intention to make (De Agostini) sell Toro's stake in Capitali to anyone," Matteo Arpe said during a press conference. Unlisted De Agostini last week won a bid for Fiat's insurer Toro which holds a 6.6 percent stake in Capitalia.
Premium Content (PAID Subscription Required)
"Capitalia does not want De Agostini sell its stake" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.