UPDATE 1-Fiat unlikely to need more cash soon - Ifil chmn

Newswire

(Adds Ifil chairman quotes, background, share prices) TURIN, June 22 (Reuters) - Fiat is unlikely to need more capital in the near future, the chairman of holding company Ifil -- the Italian carmaker and industrial group's biggest shareholder -- said on Tuesday. "Ifil does not expect Fiat to have further financing requirements in the near future," Gianluigi Gabetti told reporters after an Ifil shareholders meeting. Ifil, controlled by the Fiat-founding Agnelli family, has a stake of ...

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