Mubadala scales back, sells stake in Ferrari back to Fiat
Posted on 11/15/2010
Mubadala Development Company is selling its 5% stake in Ferrari back to Fiat Group SpA. Several of the cross border investments made by Mubadala are to spur domestic investment back in its home region. We have seen this with AMD and General Electric. Mubadala bought the 5% stake in 2005. Fiat is exercising an option […]
