Exor Deepens Philips Bet, Opens Door to 22% Stake
Exor and Philips update their long-term agreement, allowing Exor to boost its shareholding in Philips up to 22%. Read the details.
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It provides Exor with the flexibility to increase its shareholding in Philips to up to 22% of the company’s issued ordinary share capital and voting rights, up from the previous 20% cap, with the possibility of
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Exor and Philips update their long-term agreement, allowing Exor to boost its shareholding in Philips up to 22%. Read the details.
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Exor N.V. has launched a €500 million share buyback program to reduce share capital, starting with a first tranche of €125 million expected to be completed by end of November 2026. The program will be executed through a discretionary buyback agreement with a financial institution in compliance with market regulations.
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