ITALY: Fiat creditors push for early sale of Fiat Auto to GM - reports
Italian media reports say the Fiat Group's major creditors want Fiat Auto to be sold to GM before 2004, when Fiat's put option to sell its remaining 80% stake to GM comes into play. A report in la Repubblica says that IntesaBci SpA, Sanpaolo IMI SpA and UniCredito Italiano SpA are all putting pressure on General Motors to rewrite the terms of its accord with Fiat to bring the sale forward.
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