Ifil says Fiat-linked cap hike almost filled

Newswire

MILAN, July 28 (Reuters) - Fiat's main shareholder Ifil said on Monday it had filled 96.3 percent of a 502.2 million-euro capital increase carried out to fund its part of a do-or-die restructuring at Italy's top industrial group. Fiat is raising 1.8 billion euros via its own capital increase which closes on Wednesday. That cash, together with money already raised from asset sales and future cash flow, should cover a 19.5 billion-euro restructuring, Fiat says.

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