Tuesday, March 20, 2012

Ferrari Chief Luca di Montezemolo Rules Out IPO

While investors around the globe are clamoring to buy a piece of Ferrari, those in control of the Italian sports car brand don’t appear willing to budge despite the company being valued at billions of dollars. Last April Sergio Marchionne, the boss of Ferrari’s parent company, Fiat, said there were no plans to sell Ferrari as Fiat...

Source: http://feedproxy.google.com/~r/MotorAuthority2/~3/d0jeRhZUqOk/1074277_ferrari-chief-luca-di-montezemolo-rules-out-possible-ipo

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