Family Affair: Agnellis, Piero Ferrari to Keep Majority Rights Even After Ferrari IPO
Turns out you can have your Ferrari IPO and eat it, too. Essentially, when Fiat-Chrysler spins off its most profitable division, Ferrari’s ruling Agnelli family can technically maintain majority control over the Maranello business even after every share sells on the public market. According to Bloomberg, the Agnellis—the founders of the Fiat empire—are setting up […]
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