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Ferrari valued at almost US$10 billion for IPO

2015-10-12 00:11:45| Automakers - Topix.net

Fiat Chrysler Automobiles is planning a U.S. stock debut for Ferrari that values the luxury Italian sports carmaker at nearly US$10 billion, according to a filing with U.S. regulators Friday. Ferrari, of the famed "prancing stallion" logo, will make its first steps on Wall Street, expected in late October, after years of rumors.

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