The listing unit of Ferrari has cost the luxury car company at least 10 billion euros flat.
This luxury car brand suddenly decided last year to spin to let go a 10 percent stake via a public offering “and distribute the rest of FCA’s stake in the luxury sports car brand to its shareholders as it seeks to unlock value at both FCA and Ferrari.” As quoted in TOI.
As the effect of the Greek Crisis, Fiat Chrysler’s (FCA) Chief Executive Sergio Marchionne, has expressed his anguish saying “everyone is worried.”
“No matter who wins there will be no happy ending.” He said in reference to a referendum in which Greeks will get to vote go with the creditors’ deal or not.
Tags: Ferrari
