U.Agnelli nominated chairman of family holding


TURIN, Italy Jan 24 (Reuters) - Umberto Agnelli has been nominated by the Agnelli's family holding company as its new chairman, replacing brother Gianni who died earlier on Friday. The holding, Giovanni Agnelli & C., also said in a statement that it would hold a capital increase of 250 million euros. Giovanni Agnelli & C controls carmaker Fiat via two other family holdings, Ifi and Ifil .

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