MILAN, March 21 (Reuters) - Italian bank Capitalia , one of Fiat's major creditor banks, said on Friday it would ask shareholders to increase limits on cross-holdings with the troubled industrial group. The move may signal the bank's intention to build a stake in the loss-making Fiat. Italian laws foresee a two-percent limit on cross-holdings for a company which is amassing a stake in another firm which already holds its shares. The limit may be lifted to five percent if approved by ...
Premium Content (PAID Subscription Required)
"Capitalia to up limits on cross-holdings with Fiat" 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.