Court clears Fiat shareholder execs of mkt abuse

Newswire

TURIN, Dec 21 (Reuters) - A Turin court cleared on Tuesday three top executives of Fiat's holding group Ifil, now Exor , of charges of market manipulation in connection with a large Fiat stake deal. The case relates to findings by Italian market regulator Consob that Ifil and other parties had failed to promptly inform the market about a complex transaction that allowed the Agnelli family to keep control over Italy's carmaker in 2005.

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