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
»
07.10House prices close to record high, says Halifax
07.10Hurricane Milton Public Advisory Number 7A
07.10Summary for Hurricane Milton (AT4/AL142024)
07.10Atlantic Tropical Weather Outlook
07.10Eastern North Pacific Tropical Weather Outlook
07.10Hurricane Milton Potential Storm Surge Flooding Map
07.10Hurricane Milton Probabilistic Storm Surge Graphics
07.10Hurricane Milton Graphics
More »