Home › Public offering of ten percent of supercar maker Ferrari delayed by Fiat Chrysler Automobiles
 

Keywords :   


Public offering of ten percent of supercar maker Ferrari delayed by Fiat Chrysler Automobiles

2015-06-06 15:57:11| Automakers - Topix.net

Fiat Chrysler Automobiles CEO Sergio Marchionne says the public offering of 10 percent of supercar maker Ferrari will be delayed until the fourth quarter. Marchionne told reporters in Venice on Friday that the lawyers have advised that the IPO must wait for one year after the Fiat-Chrysler merger, which took effect on Oct. 12. A spokesman confirmed the remarks Saturday and said the period was defined by U.K. tax law.

Tags: public percent offering maker

Category:Automotive

Latest from this category

All news
»
16.05Eastern North Pacific Tropical Weather Outlook
16.05Atlantic Tropical Weather Outlook
16.05The man who turned his dead father into a chatbot
16.05Firms leaving UK 'not a crisis' says stock market boss
15.05Exploring the future of agriculture
15.05American, Mexican, and Canadian cattle producers sign joint statement
15.05Attitudes EWG Verified Skincare Line Oceanly Expands with SPF Offerings
15.05Sherwin-Williams Packaging Coatings Expands Non-BPA Coatings Production in Europe
More »