K Capital fund ups stake in Italian Agnelli's Ifi

Newswire

TURIN, June 28 (Reuters) - U.S. private equity group K Capital has increased its stake in Ifi to 7.4 percent of its capital and is now the Italian holding company's second largest shareholder after the Agnelli family. According to data read out at Ifi's annual shareholders' meeting, K Capital owns 15.7 percent of the privileged shares in the firm that indirectly controls industrial group Fiat through its share in holding company Ifil .

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