Capitalia to up limits on cross-holdings with Fiat

Newswire

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 ...

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