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Ferrari makes Milan trading debut
Following its listing on the New York Stock Exchange, Ferrari has made an impressive debut on the Milan version. The move completes the separation from Fiat Chrysler Automobiles SpA, and sees the new company controlled by Exor SpA - the investment company controlled by the Agnelli family and which has a 29% stake in Fiat Chrysler - and Piero Ferrari, son of company founder Enzo Ferrari, who retains a 10% stake. 'From the moment we announced the split from FCA, a journey came to an end,' said Ferrari Chairman Sergio Marchionne, at the listing ceremony this morning which saw a number of Ferraris lined up outside the Palazzo delle Borse, the roar from their engines heard throughout the...
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9y ago from Pitpass.com
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