Exor’s Board of Directors approves 2019 results
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 NV
Exor supports appointment of Suzanne Heywood as acting Chief Executive Officer of CNH Industrial
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.
Exor announces memorandum of understanding for sale of PartnerRe to Covéa for $9 billion
Proposed transaction will create one of the world’s leading reinsurers by balance sheet size
Aggregate cash return for EXOR of $3 billion
EXOR confirms it has received an approach from Covéa regarding the acquisition of PartnerRe
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. publishes its 2020 Corporate Calendar
EXOR N.V. (MTA: EXO) announced today the following Corporate Calendar for 2020:
S&P improves outlook on EXOR N.V.’s rating
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
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
2019 Exor Investor Day
EXOR N.V. (MTA: EXO) will hold its 2019 Investor Day event tomorrow 21 November 2019 in Turin, Italy. The event will be hosted by Exor’s Chairman and CEO John Elkann, together with the Company’s leadership team. Attendance in person is by invitation only.
A live video webcast of the event will begin tomorrow at 3:00pm CET/ 2:00pm GMT / 9:00am EST. To access the webcast please refer to: livestream.com/ExorWebcast2019. Registration will be required.