Ferrari IPO showroom opens

摘要

Ferrari started rolling towards its long-awaited US$1bn IPO last week by filing initial documents with the SEC, but investors will have to wait at least three months before they can place orders in the sportscar maker. The initial filing is subject to a full regulatory review, suggesting late 2015 for the IPO of 10% of the company, with the spin-off of Fiat Chrysler's remaining 80% stake to shareholders in early 2016. Piero Ferrari owns the other 10%.