Exor sells 4% of Ferrari for 3 billion euros as it plans new acquisition
Exor, the holding company of Italy's Agnelli family, raised about 3 billion euros ($3.14 billion) after selling a roughly 4% stake in Ferrari, it said on Thursday. In announcing the disposal late on Wednesday,
Agnellis Sell €3 Billion Ferrari Stake, Remain Top Holder
The Agnelli family sold a stake worth around €3 billion ($3.14 billion) in Ferrari NV, after the supercar maker’s value has risen more than 10 times since its initial public offering in the US.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.
Agnelli family holding company to sell 4% of luxury-car maker Ferrari
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.
Ferrari drops after Exor announces intent to sell 7M shares
Exor (EXXRF) announces that it intends to sell approximately 7M of the common shares it holds in Ferrari (RACE), representing 4% of the
Ferrari Agreed to Buy Back Shares In Exor Offering for a Total 300 Million Euros
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Ferrari Holder Exor Offers 4% Stake in Luxury Carmaker
(Bloomberg) -- 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 transaction could raise €3.38 billion ($3.55 billion), based on Wednesday’s closing price.
Ferrari to buy up to 10% of Exor shares for maximum of EUR 300M
Ferrari (RACE) announces that, following the accelerated bookbuild offering of Ferrari shares made today by Exor, it intends to participate in
Italy’s Agnelli Family Holding to Cut Ferrari Stake in $3.2 Billion Sale
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.
Exor moves to raise 3 billion euros for acquisitions with 4% Ferrari stake sale
Exor, the holding company of Italy's Agnelli family, said on Wednesday it had kicked off the sale of a stake worth approximately 4% in Ferrari from which it expects to raise around 3 billion euros ($3.
Exor sells 4% of Ferrari shares
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's ordinary shares, through an offer aimed at institutional investors,
Why a Billionaire Italian Auto Dynasty is Hitting the Brakes at Ferrari
Ferrari stock fell 8% in Milan after controlling shareholder Exor said it would sell shares worth roughly $3.1 billion. The move is well timed: Ferrari’s stock hit new highs this month after the ...
Exor Press Release - ABO Launch
EXOR ANNOUNCES THE SUCCESSFUL PRICING OF THE ACCELERATED BOOKBUILD OFFERING FOR APPROXIMATELY 4% OF FERRARI’S OUTSTANDING SHARES Exor N.V. (“Exor”) announces the successful pricing of the previously ...
GlobalCapital15h
Block of €3.4bn in Ferrari tops €2.8bn Novartis trade
The Ferrari deal is expected to be the largest of a clutch of block trades this week, including a Sfr2.6bn (€2.8bn) block in ...