Financing, Stock Offerings

LUCA CIFERRI

BLOG: Ferrari will go public but remain private

12:01 am U.S. ET | Oct. 30, 2014

Soon it will be possible to own a stake in Ferrari, but even when it is publicly listed the Italian supercar maker probably will be controlled by a very select group....
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LUCA CIFERRI

BLOG: Ferrari will go public but remain private

3:40 pm U.S. ET | Oct. 29, 2014

Soon it will be possible to own a stake in Ferrari, but even when it is publicly listed the Italian supercar maker probably will be controlled by a very select group....
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Marchionne invests more of his own cash in FCA

Oct. 23, 2014 10:41 CET

Sergio Marchionne, CEO of Fiat Chrysler Automobiles, bought an additional 335,745 ordinary shares in the group, giving him a total of 6.8 million shares in the newly merged carmaker....
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Toyota sells some Tesla shares, cooperation still possible

5:53 pm U.S. ET | Oct. 23, 2014

Toyota said today it had sold some of its shares in Tesla Motors but that it would continue to study possible cooperation with the California electric car maker in the future....
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Fiat's Wall Street trading is flat as Milan dominates

Oct. 22, 2014 11:58 CET

Fiat Chrysler Automobiles has had a flat reception on the New York Stock Exchange after its debut there last week. European trading in Milan is currently about 7 times that of Wall Street, despite FCA shifting its primary listing to the U.S....
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Renault stake sale not a priority for French gov't

Oct. 16, 2014 11:12 CET

The French government has no plans to sell its 15 percent stake in Renault, Economy Minister Emmanuel Macron said. The government is selling off assets as part of a privatization drive....
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Fiat Chrysler rises in New York as challenger to Detroit Two

Oct. 13, 2014 12:51 CET

Fiat Chrysler Automobiles NV's debut on the New York Stock Exchange gives more investors in the United States the chance to tap into the growing global market for cars and trucks, while also taking a chance on a debt-burdened automaker....
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Fiat Chrysler could sell $830 million in shares after U.S. listing, report says

7:33 am U.S. ET | Oct. 9, 2014

Fiat Chrysler Automobiles could sell up to $830 million worth of shares to boost its finances and increase trading in the stock after it begins trading on Wall Street next week, Reuters reported. CEO Sergio Marchionne has said he could "get the machine rolling" by selling to U.S. investors the shares Fiat owns in itself, or so-called treasury stock....
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Fiat says merger with Chrysler effective Oct. 12

Oct. 7, 2014 10:15 CET

Fiat said its merger with Chrysler into holding group Fiat Chrysler Automobiles (FCA) would be effective Oct. 12 after all conditions for the tie-up were met....
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Fiat Chrysler won't seek more capital to fund growth plan, Marchionne says

3:57 pm U.S. ET | Oct. 2, 2014

Fiat Chrysler Automobiles has no need for a capital increase to fund its ambitious five-year growth plan, CEO Sergio Marchionne said on Thursday. Marchionne said, however, the board of the newly-merged company would examine all capital-boosting options, including taking on more debt, a mandatory convertible bond and a possible capital increase, at the end of the month....
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SGL Carbon will sell 267 million euros worth of shares to tackle debt, boost growth

Sept. 30, 2014 12:23 CET

SGL Carbon, which counts BMW, VW Group and BMW heiress Susanne Klatten as its three biggest shareholders, will sell 267 million euros ($339 million) in shares to repay debt and make investments....
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Marchionne says Fiat Chrysler will bypass Wall Street road show

11:21 am U.S. ET | Sept. 16, 2014

Fiat Chrysler CEO Sergio Marchionne said he doesn't plan to hold a road show for investors before listing shares of the combined car company in New York next month....
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GM wins dismissal of 'channel stuffing' suit related to IPO

12:33 pm U.S. ET | Sept. 5, 2014

General Motors has won dismissal of a shareholder lawsuit accusing it of padding sales around the time of its November 2010 initial public offering by quietly unloading vehicle inventory on its dealers....
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Fiat may sell up to $1.04 billion in stock with U.S. listing to reduce debt

Sept. 4, 2014 16:17 CET

Fiat may sell as much as $1.04 billion in shares to reduce debt and gain local investors after the new company formed from merging with Chrysler Group lists stock in the U.S., according to Bloomberg News calculations....
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Fiat investors exercised $610 million exit rights ahead of Chrysler merger

Sept. 4, 2014 09:10 CET

Fiat investors exercised 463.6 million euros ($610 million) in cash-exit rights, just shy of the 500 million euro threshold set by CEO Sergio Marchionne to complete a merger with Chrysler....
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Mobileye Q2 revenues jump, sees strong growth in 2014

3:43 pm U.S. ET | Sept. 4, 2014

One month after going public, Mobileye posted lower net income but sharply higher revenue on strong demand for its camera-based systems that help drivers avoid collisions....
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Fiat Chrysler sees New York stock market debut on Oct. 13

8:52 am U.S. ET | Aug. 30, 2014

Fiat-Chrysler Automobiles aims to list shares in the newly merged carmaker in New York on Oct. 13, CEO Sergio Marchionne said on Saturday, adding that a decision on any capital increase would be made at the end of that month....
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U.S. Treasury to cut Ally stake

10:56 am U.S. ET | Aug. 14, 2014

The Treasury Department plans to cut its stake in Ally Financial by selling stock on the open market in its first divestiture since the company's initial public offering in April....
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Fiat says reports over shareholders selling out are 'groundless'

Aug. 5, 2014 15:35 CET

Fiat said reports that a significant number of its shareholders have exercised their exit rights over the company's merger with Chrysler were unfounded. A shareholders exit could potentially jeopardize the merger....
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Bulls, bears greet suppliers' public offerings

12:01 am U.S. ET | Aug. 4, 2014

Was Stabilus GmbH an exception, or did the auto supplier's public offering signal a new trend? The manufacturer of gas springs and hydraulic dampers struck a chord with investors when it went public in late May....
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Germany's ZF in advanced talks to buy TRW for near $12 billion, report says

1:22 pm U.S. ET | July 30, 2014

Germany's ZF Friedrichshafen AG is in advanced talks to acquire TRW Automotive for nearly $12 billion, in a deal that would create an automotive supply powerhouse, people familiar with the matter told Reuters today....
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Fiat investors advised to vote for Chrysler merger

July 28, 2014 11:26 CET

Proxy adviser Glass Lewis has recommended that Fiat investors vote for a merger with Chrysler despite concerns that the voting rights of Exor, Fiat's main shareholder, could potentially increase with a deal....
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Hella planning IPO later this year, report says

2:49 pm U.S. ET | July 25, 2014

German automotive supplier Hella is working with Citigroup and banks on an initial public offering later this year, according to people with knowledge of the matter....
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Fiat Chrysler, Marchionne prepare to sell Wall Street on 'Cinderella' story

3:34 pm U.S. ET | June 27, 2014

Sergio Marchionne needs a New York stock market listing to bring in the investors required to fund future growth at Fiat Chrysler, but a lukewarm response to the CEO's most recent Wall Street launch suggests he has a bumpy journey ahead....
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Buffett, hedge funds trim GM holdings amid record recalls

12:19 am U.S. ET | May 16, 2014

Warren Buffett's Berkshire Hathaway cut its stake in General Motors in the first quarter and some hedge funds including Greenlight Capital exited completely as the company recalled a record number of vehicles....
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