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.

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

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.

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 ...

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

A família Agnelli está vendendo uma participação avaliada em cerca de € 3 bilhões (R$ 16,5 bilhões) na Ferrari, após o valor da fabricante de supercarros ter aumentado mais de 10 vezes ...

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

A família italiana Agnelli reduziu sua participação controladora na Ferrari em cerca de 4%, levantando cerca de 3 bilhões de euros para financiar potenciais novas operações de fusões e ...