Ferrari will give the bell at its output to bag


The 10% of Ferrari will be out to bag the next Wednesday on the floor of New York, under the name RACE. Fiat Chrysler need money to strengthen their brands, and Ferrari is a company of luxury very thriving with many investors concerned. The public bid for the shares shall consist of 18,89 million titles, beginning at 48-52 dollars each.

Until Monday you can submit requests to acquire those shares, a process which closes at 16:00. On Tuesday, we hope that they will make public the final price, and on Wednesday, the shares may be purchased finally. The first information about this OPA have more than five years ago.

When the demand exceeds the supply, the more likely it is that the price of the securities rise. In other words, who did not get shares at the beginning, you will pay more for them, causing others to sell theirs, inflating the price.

FCA expects more than 4,000 million dollars, with the operation. Another 10% of the company stays in the hands of Piero Ferrari, son of Enzo, and the remaining 80% is distributed among the investors of FCA at the beginning of 2016.

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