UPDATE 1-Ifil reshuffle cleared despite fund objection

Newswire

(Adds plans to reinstate dividend from paragraph 10) By Gianni Montani TURIN, Italy, April 23 (Reuters) - Shareholders in top Fiat investor Ifil on Wednesday approved an asset reshuffle that will see Ifil raise its stake in the carmaker to 30 percent, despite objections raised by U.S. fund K Capital. The plan, under which Ifil will take over key stakeholdings from its sister holding Ifi in return for a capital increase, won the approval of 89 percent of the shares voted in a ...

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