Home › Ferrari's value to exceed $11 billion in IPO, Marchionne says
 

Keywords :   


Ferrari's value to exceed $11 billion in IPO, Marchionne says

2015-07-04 09:34:04| Automakers - Topix.net

Maximizing the value of Ferrari through an IPO is crucial to funding a 48 billion-euro investment plan aimed at lifting Fiat Chrysler's global deliveries to 7 million cars by 2018. Photo credit: BLOOMBERG -- Sergio Marchionne, CEO of Fiat Chrysler Automobiles NV, expects the company's Ferrari supercar unit to be valued "at least" at $11 billion in an initial public offering scheduled this year.

Tags: says billion exceed ipo

Category:Automotive

Latest from this category

All news
»
18.05Eastern North Pacific Tropical Weather Outlook
18.05Atlantic Tropical Weather Outlook
18.05M&S website and app hit by technical issue
18.05Eastern North Pacific Tropical Weather Outlook
18.05Atlantic Tropical Weather Outlook
18.05Producers to be paid grid premiums for AngusLink beef scores
18.05This Week in Agribusiness, May 18, 2024
18.05This Week in Agribusiness, May 18, 2024
More »