The EXOR Board of Directors’ meeting, chaired by John Elkann, approved the 2019 Annual Report, which will be submitted for adoption to the Annual General Meeting of Shareholders on 20 May 2020.

Exor, the listed diversified holding company controlled by the Agnelli family, welcomes the announcement by CNH Industrial of the appointment of the company's Chair, Suzanne Heywood, also as Acting CEO in order to provide the business with the decisive leadership required especially in the current global context.

Proposed transaction will create one of the world’s leading reinsurers by balance sheet size

Aggregate cash return for EXOR of $3 billion

Amsterdam, 9 February 2020. EXOR confirms that it has entered into exclusive discussions with Covéa regarding a possible all-cash acquisition of PartnerRe.

These discussions are ongoing and there is no certainty that they will result in a transaction. EXOR will refrain from further comment until the final outcome of the discussions is known.

EXOR N.V. (MTA: EXO) announced today the following Corporate Calendar for 2020:

S&P Global Ratings (S&P) communicated today that it has affirmed Exor’s long-term and short-term ratings (“BBB+” and “A-2” respectively) and it has improved the outlook to “positive” from “stable”.
 

AGREEMENT SIGNED FOR THE SALE TO EXOR OF CIR’S 43.78% SHAREHOLDING IN GEDI, FOR €0.46 PER SHARE, REPRESENTING A TOTAL CONSIDERATION OF €102.4 MILLION

AFTER CLOSING, EXOR WILL LAUNCH A PUBLIC TENDER OFFER AT A PRICE OF €0.46 PER SHARE VIA A NEWCO

CIR INTENDS TO REINVEST IN THE NEW COMPANY IN ORDER TO RETAIN A 5% SHAREHOLDING IN GEDI