Ferrari to go public on Wall Street by end of October

(AGI) New York, Oct 10 - Ferrari, the Italian luxury carmaker,has filed the papers for its initial public offering for avalue of almost 10 billion dollars. Ferrari expects to sell18.8 million worth of shares, or 10 percent of free-float, fora value of 1 billion dollars. The shares will be sold at aprice between 48 and 52 dollars per share. The company willsoon be listed on Wall Street under the symbol 'Race', mostprobably by the end of October. Ferrari's new executives are:Sergio Marchionne, president, Amedeo Felisa, CEO; Boardmembers: Piero Ferrari, Louis C.

(AGI) New York, Oct 10 - Ferrari, the Italian luxury carmaker,has filed the papers for its initial public offering for avalue of almost 10 billion dollars. Ferrari expects to sell18.8 million worth of shares, or 10 percent of free-float, fora value of 1 billion dollars. The shares will be sold at aprice between 48 and 52 dollars per share. The company willsoon be listed on Wall Street under the symbol 'Race', mostprobably by the end of October. Ferrari's new executives are:Sergio Marchionne, president, Amedeo Felisa, CEO; Boardmembers: Piero Ferrari, Louis C. Camilleri, Eddy Cue,Giuseppina Capaldo, Sergio Duca and Elena Zambon. . .