exor.
Americanabbreviation
abbreviation
Example Sentences
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But Exor said it had no intention of selling any of its shares in Juventus to El Salvador-based Tether or any other third party.
Tether on Friday said it submitted a binding all-cash proposal to Exor, the Agnellis’ holding company, for its 65.4% stake in Juventus and that it intended to make a public offer for the remaining shares.
In response, Exor said Saturday that its board unanimously rejected Tether’s unsolicited proposal.
“Juventus is a storied and successful club, of which Exor and the Agnelli family are the stable and proud shareholders for over a century, and they remain fully committed to the club,” Exor said.
Leading the charge was the company’s technophile chairman, John Elkann, head of the Agnelli family, which controls the carmaker through its investment vehicle Exor.
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