UPDATE 1-Fiat to raise 1.8 billion euros, slash jobs


(Adds details, background) TURIN, June 26 (Reuters) - Italy's Fiat announced plans on Thursday to raise 1.8 billion euros in fresh captial through a share issue and said it will cut 12,300 jobs as part of its last-ditch rescue plan. As expected, Fiat Chairman Umberto Agnelli told journalists the loss-making company's board had approved a plan for a 1.8 billion-euro capital increase to help fund the company's third restructuring plan in two years aimed at returing it to profit. Fiat ...

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