UPDATE 1-Fiat banks mull Mediobanca's plan for Ferrari

Newswire

(Adds analyst, Mediobanca comment, background) By Alberto Sisto and Gianni Montani ROME/TURIN, June 26 (Reuters) - Fiat's creditors are eyeing a plan for investment bank Mediobanca to buy 35 percent of Fiat's racing car unit Ferrari as the struggling Italian carmaker shifts its asset sale plan into high gear. The head of one of Fiat's three main creditors, Sanpaolo IMI said on Wednesday the banks had had a first look at the deal, which weekly newspaper Borsa & Finanza said would ...

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