Luxury
Ferrari valued at up to $9.8 billion in U.S. initial public offer
Italian luxury carmaker Ferrari expects its U.S. initial public offering to be priced in a range of between $48 and $52 per share, which could value the company at up to $9.8 billion, it said. Parent Fiat Chrysler Automobiles (FCA) (FCHA.MI) (FCAU.N) will sell up to 10 percent of Ferrari…
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Click here to read the full story: Reuters