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Exor NV (EXOR.MI)

EXOR.MI on Milan Stock Exchange

52.45EUR
12:07pm GMT
Change (% chg)

€0.45 (+0.87%)
Prev Close
€52.00
Open
€51.90
Day's High
€52.75
Day's Low
€51.75
Volume
206,907
Avg. Vol
402,849
52-wk High
€56.70
52-wk Low
€38.24

Latest Key Developments (Source: Significant Developments)

Shares in Fiat Chrysler trim gains after Q3 results
Tuesday, 25 Oct 2016 

Fiat Chrysler Automobiles: Milan-listed shares trim gains after Q3 results Further company coverage: [FCHA.MI] (Reporting by Milan Newsroom).  Full Article

Italy's CIR and Fiat Chrysler sign deal for new publishing group
Monday, 1 Aug 2016 

Carmaker Fiat Chrysler Automobiles, Italian group CIR and L'espresso say: signed framework agreement for the merger of their controlled publishing businesses, following a memorandum of understanding dated March 2 . CIR, main investor in Italian publishing group L'Espresso, will hold 43.4 percent of the group created through the combination of L'Espresso and Itedi . agreement also signed by Perrone family holding Ital Press, which will own 4.37 of new group . Fiat will initially own 14.6 percent of the merged group but will then distribute its entire stake, with Agnelli family holding Exor acquiring 4.3 percent .CIR will be granted the right to appoint Chairman and CEO of new group.  Full Article

Italy's Exor to fold into new Dutch holding company
Monday, 25 Jul 2016 

Italy's Agnelli family holding company Exor says: proposing cross-border merger of Exor into wholly-owned Dutch subsidiary Exor Holding N.V. . idea is to simplify corporate structure and align the group with its major businesses, including Fiat Chrysler Automobiles, Ferrari and CNH Industrial . Exor N.V. will be listed on Milan bourse, new group headquarters in Netherlands . merger will become effective by the end of 2016 . Exor shareholders will receive 1 ordinary share of Exor N.V. with 1 voting right for each Exor share . new holding company will adopt loyalty voting scheme to incentivize long-term share ownership, with 5 voting rights for each Exor N.V. share held without interruption for 5 years .GAC, which owns 52.99 percent of Exor has confirmed full support for the transaction.  Full Article

Italy's Exor concludes sale of RCS stake
Thursday, 9 Jun 2016 

Italian holding company Exor says: concluded today sale of stake in RCS MediaGroup, equal to around 25.5 million shares, for a total amount of 17.3 million euros Further company coverage: [EXOR.MI] [RCSM.MI] (Reporting by Milan newsroom).  Full Article

Exor sees net debt falling to 2.9 bln euros in 2017
Wednesday, 25 May 2016 

Exor says in slides: net debt to fall to 2.9 billion euros in 2017 from 3.6 billion euros at May 2 . net asset value (NAV) at May 2 was $12.888 billion Further company coverage: [EXOR.MI] (Reporting by Milan newsroom).  Full Article

Exor Q1 jumps on PartnerRe inclusion, better performing investments
Friday, 13 May 2016 

Italian holding company Exor says: Q1 consolidated profit 201.1 million euros vs 40.6 million a year earlier . The quarter was helped by higher contributions from its investments, consolidation of PartnerRe, the reinsurer which Exor bought last year, and asset sales . Net asset value stood at $12.389 billion at the end of March versus a $13.355 billion three months earlier .Expects to report a profit for 2016.  Full Article

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Credit Agricole's Indosuez Wealth Management to buy Italy's Banca Leonardo

PARIS French bank Credit Agricole's Indosuez Wealth Management arm has agreed to buy a majority stake in Italy's Banca Leonardo, in a deal which it said would add 5.9 billion euros (5.20 billion pounds) to its assets under management.