16 Nov 2010, 15:11 (Ref:2791654)
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#1
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Veteran
Join Date: Dec 2006
Posts: 1,982
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Ferrari for sale?
Quote:
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Sergio Marchonne, CEO of Fiat and the Chrysler Group, has stated that he is looking to raise some cash ahead of the upcoming Fiat/Chrysler merger. One possible way to do this? Reduce its 90 percent ownership stake in Ferrari through an IPO.
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http://www.autoblog.com/2010/11/16/r...-ahead-of-mer/
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Cromley: "With the margin Gareth has, he doesn't need to play for sheep stations"
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