Ferrari spin-off ‘will preserve Italian heritage’

Oct 31, 2014 1087

The rest of the new Ferrari shares will be distributed to group shareholders.
"I am delighted to have taken this additional step in the development of FCA," chairman John Elkann was quoted as saying in a company statement.

"Coupled with the recent listing of FCA shares on the NYSE, the separation of Ferrari will preserve the cherished Italian heritage and unique position of the Ferrari business," he said.

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Fonte: Italian Good News

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