Fiat Chrysler Automobiles (FCA), the Italian-US automobile company being the parent company of Ferrari, floated to the public 17.18 million shares accounting for nearly 10% of Ferrari at $52 a share at its IPO at the NYSE.
Breaking News
Ferrari priced on Tuesday its initial public offering at $52 giving the high-end car manufacturer a market capitalization of about $9.8 billion.
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