Exor
Investment company incorporated in Netherlands
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April 18 2025 | Exor updated its portfolio of public and private company shareholdings, reporting ownership stakes across multiple companies including Ferrari, Stellantis, CNH Industrial, Juventus Football Club, and others. |
2024 | Through NUO, acquired a 30% stake in Osit Impresa SpA, owner of Italian women's fashion brand Subdued. |
April 24 2024 | Exor updated its portfolio company ownership data, providing the latest shareholding percentages for public companies including Ferrari, Stellantis, CNH Industrial, Koninklijke Philips, Iveco Group, Juventus Football Club, and Clarivate. |
April 12 2024 | Exor reported its private shareholdings in companies such as Institut Mérieux, Christian Louboutin, Via Transportation, The Economist Group, Welltec, TagEnergy, Lifenet, GEDI Gruppo Editoriale, NUO, Casavo, and Shang Xia in its 2023 Annual Report. |
March 2024 | Increased stake in Clarivate to 10.1%, with potential to increase to 17.5%, and Suzanne Heywood joining Clarivate's board. |
February 2024 | Cancelled 5.6% of its ordinary shares as part of a €750 million accelerated buyback program, resulting in Giovanni Agnelli BV holding 56.9% of Exor's outstanding capital. |
December 31 2023 | Exor reports its Net Asset Value at €35.513 billion, with significant holdings across multiple companies including Ferrari, Stellantis, CNH Industrial, and others. |
August 14 2023 | Acquired 15% of Philips for €2.6 billion, with potential to increase to 20% and right to appoint one supervisory board member. |
June 2023 | Announced partnership with Impala to form TagHolding, single shareholder of TagEnergy in renewables and energy storage sectors. |
May 2023 | Exor launched its investment management company Lingotto, expanding its financial services portfolio. |
May 31 2023 | Nitin Nohria appointed as chairman, replacing Ajay Banga. |
May 2 2023 | Ajay Banga resigned as chairman following his appointment as President of the World Bank. |
2022 | Exor experienced a slight decline in Net Asset Value to €28.233 billion, but notably improved its Net Financial Position to +€0.795 billion with €1.914 billion in profit share. |
August 12 2022 | Began trading on Euronext Amsterdam, having moved its stock listing from Milan. |
July 12 2022 | Finalized the sale of PartnerRe to Covéa for $9.3 billion, generating over $2.4 billion in capital gain. |
July 1 2022 | Signed a deal to acquire 10% of Institut Mérieux for €833 million, increasing exposure in the healthcare sector. |
June 2022 | Acquired 45% shareholding in Lifenet S.r.l., an Italian healthcare company, for €67 million. |
May 24 2022 | Announced separation of CEO and chairman roles. John Elkann remains CEO, while Ajay Banga (former Mastercard CEO) was appointed chairman. |
March 2022 | Launched VENTO, a venture capital firm in Italy to support promising entrepreneurs, as part of the Exor Ventures program. |
February 2022 | Exor paid €845 million to Italian tax authorities to settle a dispute related to the 'Exit Tax' from its 2016 headquarters move to the Netherlands. |
January 1 2022 | CNH Industrial spun off its on-highway activities, creating Iveco Group N.V., with Exor becoming the leading shareholder with a 27% stake and 42% of voting rights. |
2021 | Exor achieved substantial growth, reaching a Net Asset Value of €31.069 billion and recovering profitability with €3.088 billion share of profit from investments. |
September 2021 | Exor appointed Diego Piacentini, a former Amazon and Apple executive manager, as advisor of Exor and chairman of Exor Ventures. |
September 27 2021 | Former Apple chief design officer Jony Ive joined Exor's Partners Council, accompanied by the announcement of a multi-year collaboration with his creative collective LoveFrom. |
June 16 2021 | Exor and World-Wide Investments Company Limited created the joint investment company NUO, with 50% ownership for each party. |
April 14 2021 | Exor and Peugeot 1810 SAS, the two largest shareholders in Stellantis, signed a five-year collaboration agreement. |
March 2021 | Exor became a minority shareholder of Christian Louboutin, purchasing 24% of the company for €541 million. |
January 16 2021 | FCA and PSA Group merged to form Stellantis, becoming the world's fifth-largest car maker. John Elkann was nominated chairman and executive director, joining the board alongside Andrea Agnelli. |
2020 | Despite the global pandemic, Exor maintained growth with a Net Asset Value of €24.041 billion, though the share of profit from investments dropped significantly to €0.079 billion. |
December 2020 | Exor announced an €80 million investment in Chinese luxury brand Shang Xia, partnering with Hermès. |
April 16 2020 | Exor acquired an 8.87% stake in public mobility company Via Transportation for $200 million. |
2019 | Exor increased its Net Asset Value to €23.282 billion, with a significant improvement in the share of profit from investments to €3.033 billion and a reduced Loan-to-Value Ratio of 10.15%. |
December 2019 | Exor acquired a majority stake in GEDI Gruppo Editoriale by accepting the board of Compagnie Industriali Riunite's offer to buy its 43.78% stake, restoring the Agnelli family's majority ownership of La Stampa. |
2018 | Exor reported a Net Asset Value of €17.238 billion, with a Loan-to-Value Ratio of 15.88% and a Net Financial Position of -€3.255 billion. |
July 25 2018 | Sergio Marchionne passed away, with John Elkann expressing the Agnelli family's eternal gratitude for his work in the Exor group. |
July 21 2018 | Upon learning of Sergio Marchionne's irrevocable health conditions, Exor led efforts to replace him in group companies: Mike Manley as FCA CEO, Suzanne Heywood as CNH Industrial chairwoman, and John Elkann as Ferrari executive chairman. |
May 24 2018 | Exor established the Partners Council, chaired by former UK Chancellor of the Exchequer George Osborne, bringing together a group of business leaders to provide external experience and counsel. |
2017 | Exor Ventures (formerly Exor Seeds) launched under the leadership of Noam Ohana as an early and late stage startup investment business. |
July 2 2017 | FCA distributed its 14.63% stake in GEDI Gruppo Editoriale, reducing Exor to a minority shareholder with a 4.26% stake. |
December 11 2016 | The merger was executed, with Exor Holding N.V. renamed to Exor N.V. John Elkann confirmed as chairman and CEO, Marc Bolland as Senior Non-executive Director, and Sergio Marchionne and Alessandro Nasi as vice-chairmen. |
September 3 2016 | Shareholders approved the cross-border merger of Exor S.p.A. with its Dutch subsidiary Exor Holding N.V. |
July 25 2016 | Exor announced its plan to relocate its legal and fiscal domicile to the Netherlands, aiming to align its capital structure and benefit from favorable dividend taxation and special voting share system. |
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