UPDATE 2-Fiat, Ifil dampen speculation over stock buying

Newswire

(Adds UniCredito, Ifil, Capitalia, Intesa comments) MILAN, Aug 24 (Reuters) - Fiat and its top shareholder, the Agnelli family's Ifil, poured cold water on Wednesday on talk that the holding firm could be buying up stock to strengthen its stake ahead of an issue of shares to settle a convertible loan. Media reports had speculated that buying by Ifil was behind a recent share rise, as the firm sought to avoid the dilution of its stake when a 3 billion euro ($3.65 billion) mandatory ...

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