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...nearly a year, Fiat Chairman Gianni Agnelli has been trying to rid Europe's largest private automaker of an unwanted partner: the government of Libyan Strongman Muammar Gaddafi. In 1976 Libya purchased a 15% share of the then troubled company for $320 million and won two seats on Fiat's 15-member board. After Fiat executed a successful turnaround to become Europe's best- selling automaker, the Tripoli government refused to part with its shares. Last week Libya, presumably strapped for cash by low oil prices, handed over its shares for a handsome $3 billion. Two of the buyers, West...

Author: /time Magazine | Title: Buyouts: At Last, Ciao to Gaddafi | 10/6/1986 | See Source »

...strategic alliances with foreign carmakers have multiplied during the past decade because of intensifying global competition. The major U.S. automakers have jointly produced autos with Japanese, British, French and German companies in order to share new technology and enter lucrative foreign markets. But until recently, notes Fiat Chairman Gianni Agnelli, "Italy is the only car-producing country in Europe where Detroit has seldom been...

Author: /time Magazine | Title: A Passion for Italian Bodies | 9/15/1986 | See Source »

...most ways, business could not be better for Fiat and its charismatic chairman, Gianni Agnelli. The Italian conglomerate, which manufactures such high-tech equipment as robotics and telecommunications systems, as well as autos and other vehicles, has come roaring back from a string of losses in the late 1970s and early 1980s. Fiat's profits increased 113% last year, to a record $884 million on sales of $18 billion. But the company has been unable to escape an increasingly embarrassing problem: about 15% of its stock is owned by Libya, and two representatives from the land of Muammar Gaddafi...

Author: /time Magazine | Title: Fiat's Silent Partners | 6/2/1986 | See Source »

...same attention is lavished on the show's fashions. On a typical episode, Crockett and Tubbs wear from five to eight different outfits--always in shades of pink, blue, green, peach, fuchsia and the show's other "approved" colors --from such chic designers as Vittorio Ricci, Gianni Versace and Hugo Boss. "The concept of the show is to be on top of all the latest fashion trends in Europe," says Costume Designer Bambi Breakstone, who has just left for a trip to Milan, Paris and London to pick outfits for the coming season...

Author: /time Magazine | Title: Video: Cool Cops, Hot Show | 9/16/1985 | See Source »

...other hand Gian Marco Venturi has provided an outlet for the Peter Pan in us it with a wing shouldered jacket and cowed collar. Leather specialist Gianni varsace has opted for a look that combines the best features of prep punk and cosa nostra the six stalwarts in coordinatingly cashing suits and ties demonstrates that designers have given up trying to teach men now to match their clothes and have decided to convert tastelessness into tastelessness. They matched sets. In the liberated '80's ther is no need for six guys to share the same closed...

Author: By Charles M. Sneid, | Title: Fun, Sun and Dumb--This Spring's New Looks | 3/19/1985 | See Source »

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