Fiat gets third offer for Toro insurer -papers

Newswire

MILAN, March 22 (Reuters) - Italy's Fiat received a third offer for its insurance unit Toro, which the industrial group had put up for sale to raise cash for a turnaround of its loss-making car arm, Italian newspapers said on Saturday. They said French insurer Groupama emerged as a third bidder for Toro, joining Italian publisher De Agostini and a joint offer from Italian insurer Unipol and an investment firm, Hopa, controlled by financier Emilio Gnutti. Friday was a deadline to present ...

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