Fiat-Chrysler to spin off Ferrari  [ Italy ]

Fiat Chrysler Automobiles (FCA) announced that it has authorized the separation of Ferrari S.p.A. (Ferrari) from FCA on October 29. FCA will take the steps necessary to complete the transactions during 2015 and FCA expects that the Ferrari shares will be listed in the United States and Europe.The company plans to list a 10 percent stake of its 90 percent share of Ferrari on stock market. The re...
<Oct 31, 2014>