Mediobanca sells 5 pct of Ferrari for 114 mln eur


MILAN, July 27 (Reuters) - Italian merchant bank Mediobanca said on Wednesday it had sold 5 percent of sports-car maker Ferrari to investment company Mubadala Development Company for 114 million euros ($137.6 million). The sale price corresponds to the price Mediobanca paid to acquire the stake in 2002, the company said in a statement. Mubadala is owned by the governmment of Abu Dhabi.

Premium Content (PAID Subscription Required)

"Mediobanca sells 5 pct of Ferrari for 114 mln eur" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×