Fiat banks mull Mediobanca's Ferrari plan-Masera

Newswire

ROME, June 26 (Reuters) - The head of Italian bank Sanpaolo IMI said on Wednesday that a plan drawn up by investment bank Mediobanca to buy a stake in Ferrari, part of struggling Fiat , was being considered by Fiat's main creditor banks. "(The operation) will be studied all by the three banks. A first examination has been done and there will be harder look at some of the valuation aspects," Sanpaolo's chairman, Rainer Masera, told reporters. Weekly newspaper Borsa & Finanza said on ...

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