Ferrari splits from FCA after its IPO - Firstpost
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Ferrari splits from FCA after its IPO

Ferrari has now officially split from the FCA group after the company’s recent initial public offering. As a consequence of this, stakeholders at FCA will receive one common share in Ferrari for every ten shares that they hold in Fiat Chrysler. Certain shareholders will also receive special voting shares.

The shares that have been distributed account for 80 per cent of the company’s stakes. Of the remaining 20 per cent, 10 was floated as ...

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First Published On : Jan 5, 2016 19:43 IST

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