Tag archive for ‘Economy of Italy’
Ilan Shavit On Saturday, October 10th, 2015

Ferrari files for IPO, Valued at $10 Billion

  On Friday Ferrari filed IPO paperwork to offer 17.2 million shares on the NYSE, valuing the company nearly $10 billion, at $48-$52 per share. The shares will trade on the New York Stock Exchange under More...

News Brief On Friday, September 4th, 2015

Fiat Chrysler Automobiles to wait until Ferrari spin off for GM merger

Fiat Chrysler Automobiles will likely wait until the spin off of its Ferrari brand next year to make a bid to merge with auto giant General Motors, a new report finds. FCA CEO Sergio Marchionne has made it clear More...

Niva Goldberg On Tuesday, August 4th, 2015

John Elkann’s Exor wins battle to buy PartnerRe for $6.9 billion

Italy’s EXOR S.p.A. one of Europe’s leading listed investment companies and Reinsurance Company PartnerRe has signed a merger agreement for $6.9 billion. Exor acquires all of the outstanding common More...

Niva Goldberg On Thursday, July 30th, 2015

John Elkann’s Exor opens $6.7 billion acquisition talks with PartnerRe

  PartnerRe Ltd (PRE.N), the reinsurance company that has a $6.6 billion merger agreement with Axis Capital Holdings (AXS.N), is now willing to negotiate a new deal with rival suitor Exor SpA (EXOR.MI), More...

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