Monday, July 30, 2007

Italy's Fiat bidding for TK Aluminium - report

(Reuters) - MILAN, July 30 - Italy's Fiat has made an offer to buy TK Aluminium, another of its auto parts suppliers that is in deep financial trouble, the Financial Times reported on Monday.



Fiat may learn as early as Monday if its offer has been accepted, the newspaper said, citing people close to the talks. A failure by TK Aluminium could disrupt car production at the Italian industrial group.


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