Fiat says in talks to sell engineering unit

Newswire

TURIN, Oct 28 (Reuters) - Crisis-riddled industrial group Fiat confirmed on Monday it was in talks to sell its engineering and general contracting unit but added it had not finalised the deal. Over the weekend, Italian media reported Fiat was close to selling Fiat Engineering, which is involved in planning the Turin-Lyon high-speed train link, to construction group Torno International, owned by Argentine businessman Carlo Bulgheroni. Italian agency Adnkronos said Fiat could take a 30 ...

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