Fiat buys back part of historic Lingotto building

Newswire

MILAN, Dec 29 (Reuters) - Italy's Fiat has repurchased part of its historic glass-and-steel Lingotto factory in Turin as part of a property deal worth 140 million euros ($191 million), the automaker said Wednesday. Fiat sold the Lingotto Congress Centre -- part of the giant Lingotto building -- along with a portfolio of other properties to real estate group Aedes in 2000, but retained a call option. Fiat said the purchase included the centre and 2 properties on the site of the former ...

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