UPDATE 2-Fiat board meets Saturday on Toro offers

Newswire

(Recasts with Fiat board meeting Saturday on Toro) By Svetlana Kovalyova MILAN, March 22 (Reuters) - Italy's Fiat said on Saturday its board will meet later in the day to examine offers for its insurance unit Toro, which the industrial group had put up for sale to help turn around its loss-making car arm. Fiat's cash-burning car arm Fiat Auto dragged the industrial group into a record 4.26 billion euro net loss in 2002. Fiat is trying to sell some of its best performing units, ...

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