Ferrari SpA is considering launching an initial public offering (IPO) on the stock market, published reports say. The company would use the funds to help boost its product development budget and launch a foray into the entertainment business. Ferrari Chairman Luca di Montezemolo is asking Ferrari’s largest shareholder, Fiat Auto SpA, to consider an IPO of the Ferrari unit. Fiat also could benefit financially from an IPO of the Italian sports cars maker, with proceeds from the IPO being ...

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