(Adds comments, details, share price) SAO PAULO, Brazil, Nov 29 (Reuters) - Banco Itau , Brazil's second-biggest private bank, on Friday said it was in talks to buy Banco Fiat, the Brazilian credit unit of troubled Italian car maker Fiat SpA . "We confirm that negotiations are in progress to acquire Banco Fiat," Itau said in a statement. "However, the negotiations have not been concluded." The confirmation of the talks came in the wake of renewed market speculation that the crisis-hit ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Itau confirms talks to buy Brazilian unit of 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: email@example.com or phone: (248) 799-2642