Extremely Expensive
Ferrari Raises $893 Million Pricing IPO Shares Top of Range
Ferrari NV raised $893 million in its U.S. initial public offering, pricing the shares at the top end of the marketed range after investor demand in the supercar maker outstripped the stock available. Majority shareholder Fiat Chrysler Automobiles NV, which is selling a 9 percent stake in the iconic Italian…
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Click here to read the full story: Bloomberg