UPDATE 1-Ifil, Ifi in rights issues to help Fiat


MILAN, June 27 (Reuters) - The holding companies that control Fiat said on Friday they would sell new shares to help fund their part of a 1.8 billion euro capital increase at the struggling industrial group. Ifil , Fiat's main shareholder with a 30.3 percent stake, said it would raise up to 502.2 million euros and would subscribe to Fiat's capital increase in line with its holding. To keep its stake stable, Ifil needs to buy about 545 million euros of new stock which Fiat is selling to ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Ifil, Ifi in rights issues to help Fiat" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×