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Ferrari aiming for $US12.4b valuation in IPO

2015-10-09 10:35:52| Automakers - Topix.net

Ferrari's coveted status as a maker of cars for the super rich is helping push up its value in an initial public offering. Ferrari's coveted status as a maker of cars for the super rich is helping push up its value in an initial public offering to as much as a 11 billion , according to people familiar with the matter.

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