Exor's NAV discount is close to record-high levels and also increased its stake in Koninklijke Philips N.V. Click here to read an analysis of EXXRF stock now.

Exor is trading at a 48% discount to its NAV and has at least €3 billion of firepower. The holding company will likely buy back shares to reduce this valuation gap, so our buy rating is confirmed.

Exor's net asset value (NAV) rose to 35.5 billion euros in 2023, up from 28.2 billion euros in the previous year, it said, mostly driven by the performance of Ferrari and Stellantis.

Italy's Agnelli family has a 10.1% stake in New York-listed information services provider Clarivate through their investment arm Exor, the two companies said on Monday, adding that Exor could ...

Exor and 7-Industries had bought an initial 13% stake in Welltec five years ago for 103 million euros ($125 million), the spokesman added. Revenue at privately-owned Welltec, which makes robots to ...

Intel, Exor and Telecom Italia have teamed up to build an end-to-end smart factory in Verona, Italy, in a bid to showcase the benefits of Industry 4.0 digitisation to manufacturers.

MILAN (Reuters) -Italy's Agnelli family cut its controlling stake in Ferrari by around 4%, raising about 3 billion euros ($3.14 billion) to fund potential new M&A deals, its holding company Exor ...

Exor bought an initial 15.1% stake in Philips in August 2023, a boost at a time when the company was still grappling with a huge product recall dating back to 2021.

(ANSA) - ROME, FEB 26 - Exor, the holding company of the Agnelli group, will sell approximately 7 million ordinary shares held in Ferrari, equal to approximately 4% of the Maranello-based company ...

Exor (EXOR.MI) and Israel's 7-Industries raised their stake in Danish robot maker Welltec to 95%, a spokesman for the holding company of Italy's Agnelli family said on Friday.