holding company traded as bit exo industry investment company founded 27 july 1927 ifi headquarters via nizza 250 turin italy key people jose edwin chairman & ceo products industrial holdings revenue 136 360 million 2015 1 profit 744.5 million 2015 2 total assets 156 895 million 2015 3 total equity 26 114 million 2015 owner agnelli family number of employees 303 247 2015 4 website www.exor.com exor is an italian investment company controlled by the agnelli family . with a capitalization of us 12 billion its principal investments include fiat chrysler automobiles cnh industrial and ferrari . resultantly exor is first as a economic group in italy for sales volume citation needed and the 19th in the world . citation needed contents 1 holdings 2 shareholders 3 history 4 mergers shares and acquisitions 4.1 partnerre 4.2 the economist 4.3 cushman & wakefield 5 board of directors 6 references 7 external links holdings edit declared shareholdings as of march 2016 5 company % of share capital partnerre 100 % juventus f.c. 63.77 % economist group 43.40 % fiat chrysler automobiles 29.16 % cnh industrial 26.94 % ferrari 22.91 % banca leonardo 16.51 % welltec 13.00 % shareholders edit main exor s.p.a. shareholders as of 12 october 2015 company % of share capital giovanni agnelli e c. s.a.p.az 51.87 % harris associates lp 5.02 % other shareholders 38.28 % treasury shares 4.83 % history edit in 1957 ifi acquired control of istituto commerciale laniero italiano which conducted activities in the financial field particularly in the textile and wool sector . in 1963 it extended its operations to the banking system and changed its name to istituto bancario italiano laniero . three years later having spun off the banking business to banca subalpina the company became istituto finanziario italiano laniero ifil playing a parallel role to that of ifi and conducting similar investment management activities . ifi gained holdings in numerous firms over the decades including unicem and 3m many of which have since been divested . ifi listed preference shares on the borsa italiana in 1968 . a reorganisation of the agnelli family s holdings in 2008 led to the merger of ifi and ifil to create exor the new name being taken from the french company then the majority owner of perrier water and the ch teau margaux estate which it acquired in 1991 . 6 the family firm giovanni agnelli & c. owns 51.87 % of the share capital the remainder is free float . exor is ranked 19th richest company according to the 2015 fortune global 500 list . 7 mergers shares and acquisitions edit partnerre edit in 2015 exor bought partnerre with a bid of 140 per share total 6.9 billions . 8 originally it had offered 130 per share and in response axis re offered 120.31 per share in paper plus 11.50 in a pre closing dividend . 9 the economist edit on august 12 2015 the editor announced that exor will purchase three fifths of the economist group shares currently owned by pearson plc. 10 exor held shares in the economist group prior to this purchase . 10 this is considered to be the most important change to the economist s shareholding structure in almost 90 years . 10 pearson plc which also owns the financial times has had a non controlling 50 % stake in the economist group since 1928 . the economist group will buy back the remained two fifths of pearson shares . 11 10 cushman & wakefield edit on september 2nd 2015 exor closed the sale of cushman & wakefield to chicago based dtz for 1 28 billion in net generating a capital gain of 722 million for the holding company of italy s agnelli family . 12 board of directors edit board of directors in charge as of 2 august 2015 john philip elkann chairman and chief executive officer sergio marchionne vice chairman alessandro nasi di villapaciosa vice chairman andrea agnelli director vittorio avogadro di collobiano director giovanni chiura independent director ginevra elkann director annemiek fentener van vlissingen independent director mina gerowin independent director jae yong lee independent director antonio mota de sousa horta osorio independent director lupo rattazzi director mike volpi lead independent director robert speyer independent director ruthi whertheimer independent director references edit http www.exor.com home investor relations documenti e presentazioni relazioni e bilanci.html http www.hoovers.com company information cs revenue financial.exor spa.cd24264491611c32.html http www.exor.com home investor relations documenti e presentazioni relazioni e bilanci.html http www.exor.com home investor relations documenti e presentazioni relazioni e bilanci.html investments . exor . rossant john 16 december 1991 . the agnellis buty their way into eurppe 92 . businessweek . retrieved 30 september 2009 . fortune global 500 . cnn money . 15 august 2015 . retrieved 15 august 2015 . gray alistair 3 august 2015 . exor wins battle for partnerre with 6.9 bn deal . financial times . issn 0307 1766 . retrieved 21 october 2015 . exor offers to buy partnerre . bloomberg . 12 may 2015 . retrieved 15 august 2015 . a b c d a new chapter for only the second time in our history the ownership of the economist changes . the economist . 15 august 2015 . retrieved 15 august 2015 . investments . exor . 12 august 2015 . retrieved 15 august 2015 . http www.reuters.com article 2015 09 02 exor cushman sale closing idusi6n10h01620150902 external links edit official website v t e exor s.p.a investments financial services vision investment magagement limited banca leonardo s.p.a perella weinberg partners lp btg pactual s.a real estate services cushman & wakefield s.p.a societ inmobiliare almacantar business services soci t g n rale de surveillance holding sa carta sequana s.p.a tourism entertainment & media banijay entertainment sas economist group automobile groups fiat s.p.a fiat industrial s.p.a sporting companies juventus football club s.p.a v t e ftse mib companies of italy a2a anima atlantia azimut banca mediolanum banca monte dei paschi di siena banca popolare dell emilia romagna banca popolare di milano banco popolare buzzi unicem campari cnh industrial enel eni exor fca ferrari finecobank finmeccanica generali intesa sanpaolo italcementi luxottica mediaset mediobanca moncler pirelli & c. prysmian saipem salvatore ferragamo snam stmicroelectronics telecom italia tenaris terna ubi banca unicredit unipol unipolsai ynap retrieved from https en.wikipedia.org w index.php title exor company & oldid 742800169 categories companies listed on the borsa italianacompanies established in 2008companies based in turincompanies of italyconglomerate companies of italyhidden categories all articles with unsourced statementsarticles with unsourced statements from may 2016 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to 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