Agnelli déjà-vu

The fruit never falls far from the tree. Just take a look the new generation of Agnellis, which has pulled off a coup that bears all the hallmarks of the old. In one fell swoop, Fiat’s founding family has managed to tighten its grip on the carmaker ahead of a E3bn debt to equity swap which would have otherwise lost it control. What’s more, it managed to do so in a way that actually made it money. And all of this, despite the fact that Ifil, the Agnelli family holding company that sits directly a...