Exor plans to sell a stake of about 4% in the Italian luxury sports-car maker, in a bid to pursue a sizeable acquisition and launch a share buyback.

The Agnelli family sold a €3 billion ($3.14 billion) stake in Ferrari NV to fund what it calls a “sizeable new acquisition” and stock buyback.

Shares of Ferrari (NYSE:RACE) are under pressure Wednesday as major shareholder Exor said it plans to sell 7M shares in the ...

Billionaire families sold $7B in shares amid market volatility, including stakes in Ferrari, Keurig Dr Pepper, and British American Tobacco.

Ferrari stock fell 8% in Milan after controlling shareholder Exor said it would sell shares worth roughly $3.1 billion. The ...

Exor NV is offering a 4% stake in luxury carmaker Ferrari NV. Exor, an investment vehicle for Italy’s Agnelli family, is looking to sell seven million shares, according to a statement Wednesday. The ...

Italy’s Agnelli family holding company, Exor, said it planned to sell a 4 per cent stake in luxury sports car group Ferrari to pursue new acquisitions and launch a share buyback.

The stake sale comes as the family looks at a “sizable” new acquisition for diversification of their investments along with a ...

Italy's Agnelli family cut its controlling stake in Ferrari by around 4%, raising about 3 billion euros ($3.14 billion) to ...

Automaker Stellantis said on Thursday it shared U.S. President Donald Trump's goal of building more cars in the United States ...

However, after resigning alongside the rest of the board, Agnelli’s departure paved the way for Juventus’ parent company, ...