Exor launches €500 million share buyback after asset sales
Exor (Euronext: EXO) announced a €500 million share buyback, saying its deployable cash would rise to around €4 billion including asset-sale proceeds.
Exor EURONEXT:EXO, the investment arm of Italy's billionaire Agnelli family, announced a share buyback of €500 million ($572 million) on Tuesday.The group said its deployable cash position would rise to around €4 billion, including proceeds from the sale of its interest in Iveco and the planned dis…