Ferrari files to launch IPO on Wall Street

GMT 12:45 2015 Thursday ,23 July

Arab Today, arab today Ferrari files to launch IPO on Wall Street

A Ferrari LaFerrari
Milan - AFP

The maker of the iconic Italian sports car Ferrari officially filed with US regulators on Thursday its plans to launch an initial public offering on Wall Street, parent company Fiat Chrysler Automobiles said Thursday.

FCA announced several months ago that it would spin off its famed sports cars. Now Ferrari intends "to be listed on the New York Stock Exchange," FCA said in a statement.


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