The Italian group FIAT, which is in serious financial difficulty, has sold FRAIKIN (turnover EUR 570 million forecast for 2002 with 3,100 employed and a fleet of 34,000 vehicles), its French subsidiary for the hiring of industrial vehicles, to the French financial holding EURAZEO (LAZARD group), associated for this occasion to the fund PRAGMA CAPITAL and UI (CREDIT AGRICOLE group), for the sum of EUR 805 million. The operation will allow FIAT to reduce its debt by around EUR 400 million....