FCA delays distribution of Ferrari shares

Filed under: Earnings/Financials, SEMA Show, Ferrari, Performance, Supercars

FCA still plans to launch Ferrari's IPO in the third quarter of 2015, but is delaying distributing the rest of the stock to current shareholders until early 2016. The decision lets FCA claim some of the Prancing Horse's profits in 2015.

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FCA delays distribution of Ferrari shares originally appeared on Autoblog on Fri, 01 May 2015 18:31:00 EST. Please see our terms for use of feeds.

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