Saturday, September 3, 2016

Exor approves the transfer in the Netherlands – Il Sole 24 Ore

TURIN – It lasted just over an hour the last assembly of listed companies of the galaxy Agnelli in Turin. The members of Exor – the subsidiary holding 51% owned by Giovanni Agnelli & amp; C. – approved by a majority the merger with the Dutch Exor Nv and the consequent transfer of the registered office in Amsterdam, where there are already those of Fiat Chrysler, CNH Industrial and Ferrari. The same partnership Giovanni Agnelli & amp; C. then in turn held in the morning assembly for moving home.



Exor leaves Italy, headquarters moved to Holland

John Elkann, chairman of Exor and guidance of the family group, reiterated the position that the company emigration is the “natural evolution” of the group of the globalization process of the past five years, or a ” adjustment of corporate structures to the scope of the companies “; an evolution that comes from emigration began in 2013 with the then Fiat Industrial: “The container follows the content.” According to the processor or Elkann has nothing to do with the attractiveness of the Italian system; President of Exor recalled the investments made by the group in Italy “with Fca and CNH Industrial”; regarding Torino cited “the important investment of Juventus in the stadium” as well as “new press will be able to also print the newspaper of Genoa”. To leave Italy “is not a symbolic choice, but natural.”

Responding to questions from reporters after the meeting, Elkann has confirmed ongoing contacts with more than one potential partner for the future of Magneti Marelli, auto parts company controlled by Fca. “There are ongoing discussions, related to the strengthening of Magneti Marelli”. Potential partners are more than one, said Elkann, and among them there is also the Korean Samsung, whose vice president Lee Jae Yong was in Turin and attended the meeting in the capacity of shareholder Exor. “We talked about Marelli and even more, for example insurance,” said Elkann.

© All rights reserved

LikeTweet

No comments:

Post a Comment