Even if you can’t afford the price of a Ferrari, you are soon likely to be able to get your hands on a share of the prancing house.
An actual share – with Fiat Chrysler Automobiles announcing plans to split off the supercar maker and list 10% of it on the New York Stock Exchange.
The plan is expected to raise around US$1.15 billion, as the company tries to pay down nearly US$5 billion in debt. Continue reading “Can’t afford a Ferrari? How about a share” »