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Borsa: Fiat runs after goodbye Montezemolo

The Fiat stock advanced on the stock market, signaling itself as the most brilliant of the Ftse Mib in mid-morning – The news of the farewell to the president of Ferrari Luca Cordero di Montezemolo pushed the prices of the Lingotto: in his place, from 13 October, Sergio Marchionne.

Borsa: Fiat runs after goodbye Montezemolo

In Piazza Affari the spotlight is on Fiat, which in the mid-morning gains over 2%, making itself known as the best stock on the Italian list, in the red by 0,6% in the same minutes.

The impetus for the Lingotto shares was the announcement, arrived this morning, of the divorce between the president Luca Cordero di Montezemolo and Ferrari. From 13 October Montezemolo will be replaced on an interim basis by CEO of Fiat-Chrysler Sergio Marchionne.

According to analysts, the Ferrari brand is worth between 4 and 5 billion euros and for some the hypothesis of a maxi-luxury pole uniting Cavallino, Maserati and Alfa would be more concrete. Montezemolo and Marchionne will meet the press today at 14 pm in Maranello.

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