Month ago, Ferrari announced new model at Geneva Motor Show. The director of this new car proclaimed the impossibility of IPO.
Problems of the famous brand don’t force its director to sell it
According to the information of Italian tabloid, several representatives of major banks have visited Fiat’s office to offer the sale of shares a week ago. Anyway, Ferrari Chairman said about the impossibility of Ferrari IPO, although Fiat President admits the chance of listing. Using the brand’s popularity, Ferrari will have a chance to save its parent Fiat Company, if going public.
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