Exor Exits SGS With $2.6B Stock Sale To Groupe Bruxelles
Exor, the investment arm of the Agnelli family empire, will unload its 1.17 million shares of SGS to Albert Frere's GBL for 2,128 Swiss Francs ($2,253) per share, slightly below SGS's closing stock price on the SIX Swiss Exchange on Friday. GBL will fund the deal largely with cash on hand.
SGS is a...
To view the full article, register now.