VOL. XLV

No 10

11-March-2002

LIBYA

LibyanGovernment Buys 2% Stake In Fiat

The LibyanGovernment on 27 February bought a 2% stake in ItalyšŚ┤largest car manufacturer, Fiat SpA, through thestate-owned Libyan Arab Foreign Investment Co (Lafico),according to Italian stock market regulator Consob.The Libyan Government had previously owned a 15% stake in Fiat until 1986, whenit was forced to give up its holding by the carmaker after Fiat was barred bythe Reagan administration from bidding on US...