Exor announced the sale of a 4% stake in Ferrari to institutional investors, valued at €3 billion. This strategic move aims to diversify Exor's portfolio. Exor also plans a €1 billion buyback program ...
Shares sold at 450 euros each, bookrunner says Ferrari bought back 300 million euros of its own shares Exor will retain 20% stake, 30% voting rights in Ferrari The sale will help Exor reduce ...
Exor’s FY24 performance was uninspiring, with Stellantis dragging down the very strong contribution from Ferrari. Recent actions—reducing Ferrari concentration, executing a large buyback, and ...
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