Milan - Estimated brand Ferrari would be able to sell up to U.S. $ 3.9 billion. Later, the fund could be used to repay debt and Fiat bought the remaining stake in Chrysler, which is expected to cost up to U.S. $ 2 billion.
"We believe the logical way for the future is to continue talking about the IPO (initial public offering) Ferrari and used the proceeds to buy the remaining stake in Chrysler. We believe the combination of a full Fiat-Chrysler is needed, as well as investable," said analysts at Bernstein Research, Max Warburton as quoted by the Detroit News.
Shocking news came from the Italian automotive group Fiat. Fiat reportedly eager to master the full Chrysler. However, for the control of Chrysler, Fiat needs a lot of funding and an option to get funds is by selling the Ferrari brand.
Currently Fiat already has a 58.3 percent stake in Chrysler and a few days ago Fiat has just announced a net profit in the third quarter to U.S. $ 372 million, up from U.S. $ 146 million.
Positive achievements Fiat was one of them backed by Chrysler performances revenues reached U.S. $ 51 million. It's a very big number considering the same period last year Chrysler still suffered losses of up to U.S. $ 60 million.
Many observers predict that by the end of the year the total net income that can be achieved Fiat is U.S. $ 8.5 billion in debt 'only' U.S. $ 650 million.
Because that's not very surprising that Fiat Chrysler eager to master fully. However, to bring Chrysler to the Fiat group now has a family member car brand Fiat, Lancia, Alfa Romeo, Ferrari and Maserati should release one of its members and said Ferrari is the brand most likely to be sold because it now has a good business center -well that will make potential buyers interested.
