Ferrari to be Valued at $9.8 Billion in IPO

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Ferrari is expected to be valued at up to $9.82 billion at the time of its Initial Public Offering (IPO) on the New York Stock Exchange when a 9 per cent stake in the automaker is sold by Fiat Chrysler Automobiles. In a filing made by Fiat with the U.S. Securities and Exchange Commission, it Ferrari to be Valued at $9.8 Billion in IPO More news at GTspirit.