• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms
  • Community Reviews

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Exor Acquires 15% Stake in Philips

August 15, 2023 by Forex Winner Leave a Comment

Exor Acquires 15% Stake in Philips, Investing Over $2.8 Billion

Italian investment company Exor and Royal Philips have announced a new relationship agreement that will see Exor acquire a 15% stake in the Dutch health-technology company for an undisclosed sum. The investment is estimated to be worth around €2.58 billion ($2.82 billion).

Exor, which holds investments in various companies including Ferrari and Stellantis, stated that its decision to invest in Philips reflects its confidence in the company’s leadership, strategic direction, and potential for value creation. Moreover, the agreement grants Exor the right to nominate one member to Philips’ supervisory board.

As of Friday’s closing, Philips had a market capitalization of approximately €17.18 billion.

Exor emphasized its commitment to being a long-term minority investor in Philips. Although there are no immediate plans to purchase additional shares, the agreement allows Exor to increase its stake in the future, up to a maximum limit of 20% of Philips’ outstanding share capital.

The investment by Exor aligns well with Philips’ overall strategy and its increasing focus on healthcare and technology. Philips CEO Roy Jakobs expressed enthusiasm about Exor’s long-term outlook and their shared vision of substantial value creation.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News Tagged With: Exor, health-technology, Investment, leadership, Philips

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Man charged in New York with 3-week kidnapping to try to steal Bitcoin

May 30, 2025

Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026

May 29, 2025

Second suspect in New York bitcoin kidnapping surrenders to police

May 28, 2025

Footer

Forex Broker Reviews

ZacksTrade

ZacksTrade Review

May 22, 2019 By Forex Winner

FXCM

FXCM Review

November 13, 2019 By Forex Winner

FBS

FBS Review

January 29, 2020 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Shandor Brenner

FundedNext Review

August 16, 2023 By Shandor Brenner

Topstep Forex Review

August 14, 2023 By Shandor Brenner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2025 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure