London. Between the first and January 3 will be operational separation of Ferrari from the Fca , as announced and confirmed today by Fca in a statement. Separate the two companies, the participation of Fca Ferrari (approximately 80% of capital) will be distributed to the shareholders and bondholders of the company headed by Marchionne . Fca shareholders will receive one common share for every ten ordinary shares Fca Ferrari, prosege the note, and a special action to vote Ferrari every ten Fca special voting shares held. The ordinary shares will then be traded Fca “former” Ferrari since early January in New York Stock Exchange and the Italian stock market. The ‘record date’ separation for shares held in the centralized clearing US and Italian will be January 5, 2016. In 2016, according to Morning Star GM, the global demand for new light vehicles will increase by between 1 and 3 % and it is expected stabilization in automotive in the coming three to five years.


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