UPDATE 1-Fiat's Fresco proposes U. Agnelli as new chairman


(Adds details, background) MILAN, Feb 25 (Reuters) - Paolo Fresco, Fiat's Chairman, brought foward his resignation on Tuesday and proposed he should be replaced by Umberto Agnelli, the head of the industrial group's founding family. In a move largely expected by investors as Fiat struggles to turn around its loss-making car arm, Fresco confirmed he would formally present his resignation at a meeting of the group's board on Friday. In a statement, the former General Electric vice ...

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