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Fiat's Agnelli family to tighten grip on Ferrari after spin-off

Wednesday, March 4, 2015 - 05:50

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Mr Elkann may want to expand Ferrari into a luxury-goods brand outside of the car industry

Milan

ALMOST 70 years after Enzo Ferrari rolled out his first sports car, Ferrari is set to again be family controlled after Fiat Chrysler Automobiles NV spins off the company this year.

While public shareholders will own a majority of the shares, John Elkann and other descendants

sentifi.com

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