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BNP Paribas eyes €1bn Fidis stake

BNP Paribas is considering a bid of up to €1bn ($1.25bn) for a 51% stake in Fidis, the consumer credit arm of Italian carmaker Fiat.

A spokeswoman for BNP Paribas confirmed the bank's interest in Fidis but declined to say whether it had made a bid for the Fiat subsidiary.

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