Fiat May Float a Ferrari IPO to Finance a Bigger Stake in Chrysler

Italian automaker Fiat reportedly is looking to acquire a bigger stake in Chrysler Group, and may seek to sell shares in its Ferrari sports-car unit in an initial public offering to help fund the purchase, unnamed sources told the respected Italian newspaper Corriere della Sera.

Continue reading Fiat May Float a Ferrari IPO to Finance a Bigger Stake in Chrysler

Fiat May Float a Ferrari IPO to Finance a Bigger Stake in Chrysler originally appeared on DailyFinance on Mon, 27 Sep 2010 09:45:00.

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