5% OF FERRARI SOLD !
Discussion
Page 36 of todays Telegraph.
An investment group controlled by the Abu Dhabi government yesterday paid £79 million for a 5% stake in Ferrari, valuing the Italian sports car maker at 2.8 billion Euros.
Abu Dhabi's Mubadala Development aquired the stake from Italian investment bank Mediobanca, which said the sale was part of the agenda of gradually selling off its Ferrari holdings.
Luca Di Montezemolo said ' this is the first time that we have welcomed a non-financial institution to become a ferrari shareholder'.
An investment group controlled by the Abu Dhabi government yesterday paid £79 million for a 5% stake in Ferrari, valuing the Italian sports car maker at 2.8 billion Euros.
Abu Dhabi's Mubadala Development aquired the stake from Italian investment bank Mediobanca, which said the sale was part of the agenda of gradually selling off its Ferrari holdings.
Luca Di Montezemolo said ' this is the first time that we have welcomed a non-financial institution to become a ferrari shareholder'.
360stimo said:
Page 36 of todays Telegraph.
An investment group controlled by the Abu Dhabi government yesterday paid £79 million for a 5% stake in Ferrari, valuing the Italian sports car maker at 2.8 billion Euros.
Abu Dhabi's Mubadala Development aquired the stake from Italian investment bank Mediobanca, which said the sale was part of the agenda of gradually selling off its Ferrari holdings.
Luca Di Montezemolo said ' this is the first time that we have welcomed a non-financial institution to become a ferrari shareholder'.
also heard they was after buying 5% of fchat till they found out that rob lay owned the other 95% and then realised it was badly management and a failing site
>> Edited by steve f on Thursday 28th July 15:35
steve f said:
Page 36 of todays Telegraph.
An investment group controlled by the Abu Dhabi government yesterday paid £79 million for a 5% stake in Ferrari, valuing the Italian sports car maker at 2.8 billion Euros.
Abu Dhabi's Mubadala Development aquired the stake from Italian investment bank Mediobanca, which said the sale was part of the agenda of gradually selling off its Ferrari holdings.
Luca Di Montezemolo said ' this is the first time that we have welcomed a non-financial institution to become a ferrari shareholder'.
also heard they was after buying 5% of fchat till they found out that rob lay owned the other 95% and then realised it was badly management and a failing site
>> Edited by steve f on Thursday 28th July 15:35
Ha Ha Ha !
How you doing Steve ?
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