Fiat meets banks on Fidis sale, no deal yet

Newswire

By Jane Barrett MILAN, Dec 18 (Reuters) - Fiat met its key creditor banks on Wednesday to discuss the sale of customer financing arm Fidis, a move that should help Italy's crisis-hit industrial giant slash its debt, a financial source said. But a steering committee thrashing out the deal may need to meet again to reach an agreement. Fiat's top creditors -- Sanpaolo Imi , IntesaBci , Unicredito and Capitalia -- threw Fiat a three billion euro ($3.1 billion) lifeline in May and said they ...

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