“Exor will continue to be the shareholder of reference in both entities following completion of the spin-off process,” it said.
Under the plan, some high-margin industrial vehicle brands including heavy-duty quarry truck maker Astra and Iveco Defense Vehicles will be assigned to the agricultural and construction unit. “It looks as if Elkann is focusing on cash-in deals to help fund asset diversification at Exor,” said Roberto Lottici, asset manager at Milan-based Ifigest.
FILE PHOTO: An Iveco show truck is seen at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo
Our mission at is to build the social media platform that ends fake news
is it supposed to look like a shoe?
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: