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Ferrari will pay Fiat Chrysler $2.8 billion before its spinoff

2014-11-13 20:16:44| Automakers - Topix.net

Fiat Chrysler Automobiles estimates it will receive about 2.25 billion euros from Ferrari before it spins off the supercar unit next year. "Prior to the separation we also intend to enter into certain other transactions including distributions and transfers of cash from Ferrari currently estimated at 2.25 billion euros," FCA said today in a filing with U.S. regulators.

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Category:Automotive

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