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exor

April 19, 2010

Exor, the holding company of Italy’s Agnelli dynasty, has announced that it plans to invest €100 million in Almacantar, a new company specialising in the commercial property market.

Exor, the holding company of Italy's Agnelli dynasty, has announced that it plans to invest €100 million in Almacantar, a new company specialising in the commercial property market.

Founded by Mike Hussey and Neil Jones, two real estate professionals who have previously worked for Land Securities Plc and Grosvenor respectively, Almacantar aims to capitalise on commercial real estate investment and development opportunities, primarily in the market for offices in London and Paris.

April 12, 2010

Gianluigi Gabetti, the non-family chairman of the Agnelli family’s private holding company, will step down in May to be replaced by fifth-generation family member John Elkann.

Gianluigi Gabetti, the non-family chairman of the Agnelli family's private holding company, will step down in May to be replaced by fifth-generation family member John Elkann.
 

February 23, 2009

The new holding company of Italy’s Agnelli family is to begin trading on 1 March 2009. Exor, which is the entity created by the merger of IFI and IFIL, is to be listed on the Italian stock exchange.

The new holding company of Italy’s Agnelli family is to begin trading on 1 March 2009. Exor, which is the entity created by the merger of IFI and IFIL, is to be listed on the Italian stock exchange.

IFI is the family’s current financial holding company that in turn owns IFIL, the investment vehicle that controls a diverse range of interests including a 30% stake in automaker Fiat, a 72% stake in real estate firm Cushman & Wakefield and 60% of football club Juventus. Ultimate holding company Giovanni Agnelli e Cie owns 100% of IFI and 73% of IFIL.

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