Streetbeat News

EXXRF

Exor N.V.

https://www.exor.com/

CEO

John Elkann

Industry

Offices of Other Holding Companies

Open

101.50

Mkt cap

21B

Volume

800

High

101.50

P/E Ratio

1.21

52-wk high

114.92

Low

101.50

Div yield

0.01

52-wk low

90.21

Exor N.V. (OTC:EXXRF) has increased its stake in Clarivate Plc (NYSE:CLVT) to 10.1% with an option to further increase it to 17.5%. Suzanne Heywood, COO of Exor, is proposed to join the Clarivate Board of Directors, pending election at the Annual General Meeting on May 7, 2024. Clarivate's shares rose by 3.01% to $7.36 following the announcement.

Portfolio Pulse from Akanksha Bakshi

March 04, 2024 | 3:56 pm

Investors organisations Eumedion and VEB have raised questions about the way Exor was able to build up a 15% stake in Philips without reporting significant stakes to the regulator AFM. Market sources suggest that Exor signed a deal with Goldman Sachs to provide most of the shares, thereby avoiding reporting requirements. Goldman Sachs declined to comment on the market rumours. The AFM is closely following the case.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 3:08 pm

Exor, an Italian holding company, has become a long-term investor in Philips, a Dutch multinational conglomerate, by acquiring a 15% shareholding.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 5:33 am

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