Skip navigation
Newswire

Italy's RAS not interested in Fiat's Toro - CEO

MILAN, March 18 (Reuters) - Italian insurance company RAS is not interested in making an offer for Toro, the insurance firm put up for sale by industrial group Fiat , RAS's CEO said on Tuesday.

"We have not made an offer. We are not interested in pursuing it," Mario Greco told analysts, refering to Toro.

RAS has previously said it would consider an offer for Toro which Fiat is seeking to sell to raise cash for a turnaround plan at its car arm Fiat Auto.