>>> Exor could make investments up to EUR 3bn

Exor could make investments up to EUR 3bn Exor, the Italian holding company controlled by the Agnelli family, has EUR 3bn available for making acquisitions, La Repubblica Affari e Finanza reported. The report cited John Elkann, chairman, who said that Exor has EUR 2bn cash and it could ask banks for a further EUR 1bn in order to make acquisitions. He added that Exor is interested in companies which have global dimensions and projects.

It is likely that these targets are located in the US or Europe, concluded the report.

Source La Repubblica