Latest news with #ExorNV


Bloomberg
31-07-2025
- Automotive
- Bloomberg
Fiat Heir Elkann Ditches Trucks for Bytes, Brands and Biotech
The Agnelli family's love affair with trucks began with the Fiat 24 HP that rolled off its Turin factory floor in 1903. More than a century on, its Exor NV empire is charting a different path that's taking it far from those production lines on the banks of Italy's river Po. It's one that weaves through Silicon Valley server farms, Paris couture salons and cutting-edge biotech labs.


Bloomberg
23-07-2025
- Business
- Bloomberg
Italy Monitoring Potential Sale of Iveco to Safeguard Jobs
Italy's government is monitoring a potential sale of truck-maker Iveco Group NV after reports of talks between main holder Exor NV and Tata Motors Ltd which raised union concerns about job cuts. 'The government is closely following the evolution of the matter,' Industry Minister Adolfo Urso said. 'In particular we are doing this as regards the role of Iveco for Italy and its impact on jobs.' Urso said the government will hold a meeting on the potential deal on July 31.


Reuters
19-03-2025
- Business
- Reuters
Exor has increased stake in Philips to 18.7%, SEC filing shows
AMSTERDAM, March 19 (Reuters) - Exor NV ( opens new tab, the investment arm of Italy's Agnelli family, has increased its stake in Dutch medical technology company Philips ( opens new tab to 18.7%, a filing at the U.S. Security and Exchange Commission showed.