Delay in Fiat "put" not seen changing outlook

Newswire

MILAN, Oct 27 (Reuters) - A one-year delay in Fiat's option to sell its struggling car unit to General Motors does not much change the picture for the Italian industrial group, analysts and traders said on Monday. Late on Sunday Fiat and GM said they put back the start of the "put" option to January 2005 to give them time to settle a wrangle over whether it was still valid. "For me it is a non-issue. I never assumed the put would be exercised so nothing has changed," said Gaetan ...

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