Ferrari is English, shares this year to buy

Posted on 13-07-2015 at 10:18 by CasperH – 36 Comments”

If you are interested: the Italian builder of supercars going for at the end of this year a part of its shares to offer for sale.

It comes to 10% of the shares in Ferrari, which, according to Sergio Marchionne, more than €12 billion euros worth, although he already has gedownplayed to $ 10 billion (slightly less than 9 billion euros at the current exchange rate), according to Bloomberg. Ferrari supports with the sale of the shares of the investment plan of eur 43 billion of the FCA, that the ambitious goal for the end of 2018 50% more cars to sell with Fiat Chrysler Automobiles (FCA) is expected to achieve. The first steps in the right direction would be set, as Bloomberg reports that FCA shares approximately 33% in value last year.

Ferrari was good for 12 percent of the profits of FCA, and is currently good for about 60% of the value of FCA. A bizarre situation when you consider that the goal for 2018 is to have 7 million to sell cars. In addition to the 10% of the shares of that free market, is still 10% owned by Piero Ferrari, son of founder Enzo Ferrari. The other 80% is in the hands of FCA.

The listing of the shares of Ferrari will take place on the New York Stock Exchange, as well as a Dutch holding company as a “tax domicile” in the United Kingdom. That means simply put that Ferrari in our holding positions, but that the directors from Great Britain is going to take place because in the UK less tax, need to patch. A construction that Ferrari choose to finally as little as possible tax to pay.