Can't afford a Ferrari, own a piece of the company instead

Discussion in 'Other Vehicles' started by Nathan, Nov 15, 2010.

  1. Nathan

    Nathan Founder

    Mar 30, 2009
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    Reports in Automotive News today state that FIAT may sell auto-parts division Magneti Marelli S.p.A. and a stake in supercar maker Ferrari S.p.A. before consolidating Chrysler Group LLC.

    Credit Suisse analyst Eric Hauser was quoted Monday as saying that “Marchionne identified a Ferrari initial public offering and Magneti Marelli disposal as potential sources of cash, without giving a timeframe.

    “Fiat may value Ferrari at 2.4 billion euros ($3.3 billion)

    I'd buy a few shares if for nothing else to be able to say I own Ferrari!
     
  2. minimark

    minimark Well-Known Member

    Jun 24, 2009
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    Heck yea, I'm in on the initial offering if it comes about!!!
     

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