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Ferrari partnership helps Spanish bank Santander secure top IPO role

2015-08-02 15:01:23| Automakers - Topix.net

Santander beat competition from Wall Street firms and would work alongside UBS Group and Bank of America Corp. Photo: EPA Banco Santander's sponsorship of Ferrari placed the name of Spain's biggest lender across the chassis of the Italian Formula 1 supercar. It has also helped its lesser-known securities unit secure one of the most coveted briefs for the world's top investment banks.

Tags: top role bank spanish

Bill Macfadyen: Will Santa Barbara Brake Out Ferrari, Maserati and Alfa Romeo?

2015-08-01 18:41:14| Auto Dealers - Topix.net

NoozWeek's Top 5 covers its bear tracks, rescues a dog, mixes use in Old Town Goleta, and sets the sheen for an enduring controversy Just under the trade deadline, there were 96,512 people who read Noozhawk this past week. Here's my take on your top stories: A proposal to replace a long-vacant Hitchcock Way car dealership with ... another car dealership has run into a flashing yellow light from Santa Barbara's always entertaining Architectural Board of Review .

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5. Ferrari files for IPO to raise funds for Fiat Chrysler

2015-07-24 05:12:53| Automakers - Topix.net

Fiat Chrysler Automobiles NV's plan to raise money by spinning off Ferrari took a step forward with the automaker filing for the unit's initial public offering on the New York Stock Exchange. Fiat Chrysler, which has estimated the supercar division's value at more than $11 billion, plans to complete the separation in early 2016, the Italian-American manufacturer said in a filing with the U.S. Securities and Exchange Commission.

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FCA files IPO for Ferrari on NYSE

2015-07-23 14:58:58| Automakers - Topix.net

Turin, July 23 - Fiat Chrysler Automobiles said Thursday it has filed its Ferrari unit's initial public offering on the New York Stock Exchange, including submitting documents to the Securities and Exchange Commission in the US. FCA, which has long said it intends to sell some shares in the luxury carmaker, said in a statement that the tax office for Ferrari SpA will remain in Italy.

Tags: files ferrari ipo nyse