Fiat Chrysler to Make Public Offer for 10% of Ferrari

Fiat Chrysler to Make Public Offer for 10% of Ferrari

Assessment

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Business, Other

University

Hard

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Fiat Chrysler plans to spin off its luxury Ferrari unit, initially selling a 10% stake in a public offering and distributing the remaining shares to Fiat Chrysler shareholders. CEO Sergio Marchione has been rapidly executing this plan, including the recent IPO of FCA on the New York Stock Exchange. The news has positively impacted Fiat Chrysler's stock performance in Milan.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the initial plan for Ferrari's shares as announced by Fiat Chrysler?

Sell a 10% stake in a public offering

Merge with another luxury car brand

Retain all shares within Fiat Chrysler

Sell the entire company to a private investor

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How will the remaining Ferrari shares be handled after the initial public offering?

They will be donated to a charity

They will be distributed to Fiat Chrysler shareholders

They will be sold to a competitor

They will be retained by Fiat Chrysler

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who was let go from Ferrari as part of the strategic changes?

The CEO of Fiat Chrysler

The chairman of Ferrari, Luca di Montezemolo

The head of marketing at Ferrari

The chief financial officer of Fiat Chrysler

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant event took place two weeks after the chairman's departure?

Fiat Chrysler merged with another company

Ferrari was sold to a private equity firm

Fiat Chrysler IPO on the New York Stock Exchange

Ferrari launched a new car model

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the market react to the news of the Ferrari spin-off?

Fiat Chrysler shares in Milan decreased by 3%

Fiat Chrysler shares in Milan dropped by 6%

Fiat Chrysler shares in Milan remained unchanged

Fiat Chrysler shares in Milan increased by over 6%