No buyer yet for Fiat's Toro-Capitalia source

Newswire

ROME, Feb 27 (Reuters) - No buyer has yet been found for Fiat's insurance unit Toro, a source at Italian bank Capitalia said on Thursday. When asked by reporters if a buyer had been found, the source said "Not yet" but added to wait until Friday when the Fiat board is due to meet. "(Outgoing Fiat Chairman Paolo) Fresco said we would know something new about its sales." Fiat is selling Toro, one of its prized assets, under pressure from its creditor banks to raise billions of euros to ...

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