What was Ferrari’s IPO price?
Fiat Chrysler Automobiles N. V. NYSE: FCAU/MI: FCA) (FCA) and its subsidiary Ferrari N. V. Ferrari”) announce today the pricing of Ferrari’s initial public offering of 17,175,000 common shares at an offering price of $52 per share for a total offering size of $893. While Fiat expanded its ownership of Ferrari to 90% 1988 (with Enzo Ferrari holding the remaining 10%), it never had full ownership of the company. This arrangement lasted until 2014, when Fiat Chrysler Automobiles N. V. Ferrari S. A. FCA.Fiat Chrysler Automobiles N. V. NYSE: FCAU/MI: FCA) (FCA) and its subsidiary Ferrari N. V. Ferrari”) announce today the pricing of Ferrari’s initial public offering of 17,175,000 common shares at an offering price of $52 per share for a total offering size of $893.
Is Ferrari still owned by Fiat?
Ferrari became a public company in 1960, and from 1963 to 2014 it was a subsidiary of Fiat S. A. It was spun off from Fiat’s successor entity, Fiat Chrysler Automobiles, in 2016. The company currently offers a large model range which includes several supercars, grand tourers, and one SUV. That’s the parent company. Chrysler/Dodge (along with Fiat, Alfa Romeo, Maserati, RAM, Jeep, Peugeot, Citroën, Vauxhall, DS, etc) are all owned by Stellantis . Toyota owns Toyota, Lexus and formerly Scion, as well as major shares of Daihatsu , Hino and Subaru.Does Stellantis own Ferrari? No. For many years, Ferrari was part-owned by Fiat/FCA, but this relationship came to an end in 2016. Ferrari S. A is now a public company in its own right, and – like Stellantis – is part-owned by the Agnelli family.
Is Maserati owned by Ferrari?
Since FIAT owned both Ferrari and Maserati, in 1997 shares were exchanged and Ferrari took control of Maserati, positioning the brand as Ferrari’s luxury division. New factories, engines, and models were built in conjunction with Ferrari, taking the brand to new heights and entering the US market. Maserati S. A. Italian: [mazeˈraːti]) is an Italian luxury car manufacturer. Established on 1 December 1914 in Bologna, Italy, the company’s headquarters are now in Modena, and its emblem is a trident. The company has been owned by Stellantis since 2021. Maserati S. A.Who Owns the Maserati Car Company? Now that you know where Maserati is made, you may be wondering who owns the company. Maserati is owned by Stellantis, which was itself created in a merger between Fiat Chrysler Automobiles and Peugeot SA that took place in 2021.
Who owns 10% of Ferrari?
Piero Ferrari (born Piero Lardi, 22 May 1945; later Piero Lardi Ferrari) is an Italian billionaire businessman and sport personality. He is the second and only living son of Enzo Ferrari, and a 10. Ferrari automotive company, of which he is the vice chairman. The primary owner of Ferrari is the investing public, while Piero Ferrari — Enzo’s second son — also holds a significant ownership stake, with Exor N. V. Exor N. V. Fiat’s original founders, Giovanni Agnelli.