Fiat calls extraordinary shareholders meeting

Newswire

MILAN, Aug 20 (Reuters) - Struggling Italian industrial group Fiat has called an extraordinary shareholders meeting to approve changes to the board and a potential capital increase that is key to a 3.0-billion-euro rescue package. In advertisements printed in Italian newspapers on Tuesday, Fiat called shareholders to Turin for three meetings on September 10, 11 and 12. In an attempt to tackle mounting debts and bleeding losses, Fiat agreed a 3.0-billion-euro mandatory convertible loan ...

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