The owner of La Stampa and The Economist acquired 15% of shares of Philips

Photo: Hermann J. Knippertz/IMAGO / Global Look Press Investment holding Exor N. V, Exor became the largest long-term investor to Philips and acquired the right to offer one member in its supervisory board. Conditions of the agreement provided the right of Exor to increase a share to 20%. The transaction turned out to be consequence of the solution of Exor which the family of the Italian billionaires controls Anyelli Giovanni, to invest means in sectors of health care and technologies. Company acquired Philips shares at the exchange, and also as a result...