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.

It was formed in 2023 by Exor, the holding company for the wealth of the Agnelli family, which owns Fiat, Ferrari, The Economist, and the Italian soccer team Juventus. Lingotto launched as an ...

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

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Italy’s Agnelli family holding company, Exor, said it planned to sell a 4 per cent stake in luxury sports ...

Italy's billionaire Agnelli family has taken a 15% stake in Dutch electronics company Royal Philips, in what is being viewed as a much-needed vote of confidence in its decision to switch its focus ...

The stake sale comes as the family looks at a “sizable” new acquisition for diversification of their investments along with a €1 billion share buyback. The Agnelli family of Italy ...

The holding company of Italy's powerful Agnelli family is selling part of its stake in Ferrari in a bid to raise billions of dollars to pursue a sizeable acquisition and launch a share buyback ...