Fiat rumour mill revs up on raider rescue reports

Newswire

By William Schomberg MILAN, Dec 31 (Reuters) - End-of-year tale or early warning of a mega-deal to rescue Italy's struggling Fiat ? Reports that takeover expert Roberto Colaninno has an eight billion-euro plan for Europe's once biggest carmaker were splashed across Italian newspapers on Tuesday, suggesting the long-running battle for Fiat's future could soon take a new turn. The man who stunned investors with his raid on Telecom Italia in 1999 had previously been seen by market ...

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