{"id":1915882,"date":"2023-04-17T12:26:55","date_gmt":"2023-04-17T16:26:55","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/agnellis-exor-eyes-further-healthcare-investment-for-expansion\/"},"modified":"2023-04-17T12:30:42","modified_gmt":"2023-04-17T16:30:42","slug":"agnellis-exor-eyes-further-healthcare-investment-for-expansion","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/agnellis-exor-eyes-further-healthcare-investment-for-expansion\/","title":{"rendered":"Agnellis\u2019 Exor eyes further healthcare investment for expansion"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fagnellis-exor-eyes-further-healthcare-investment-for-expansion%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1915882&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p> <!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<p>Giulio Piovaccari<\/p>\n<p>After investing nearly one billion euros($ 1.1 billion ) in the sector last year, CEO John Elkann stated on Monday that MILAN( Reuters )- Exor, the holding company of Italy&#8217;s&#8217;s Agnelli family, will look for additional opportunities to expand in healthcare.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px; text-align: center;\"><script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); }); <\/script><\/div>\n<\/p>\n<p>Exor has approximately 6.5 billion dollars in cash obtainable for projects, including 5 billion euro for acquisitions, following the sale of its reinsurer PartnerRE.<\/p>\n<p>It has already stated that its M &#038; A activity will primarily concentrate on the luxury, technology, and healthcare industries.<\/p>\n<p>Exor of the Netherlands purchased a 10 % interest in the French medical organization Institut Merieux for 833 million euros last year, and an Italian industry managing hospitals and outpatient centers called Lifenet Healthcare for 67 million euro.<\/p>\n<p>Elkann, a descendant of the Agnelli family, predicted that as the world&#8217;s&#8217;s population grew older, the healthcare sector would continue to grow over the long term.<\/p>\n<p>Exor would depend on the Merieux family&#8217;s&#8217;s knowledge, he said, to look&#8221; for future medical possibilities, in particular within the fields of genomics, proteomics, life technology tools, scanning, and instruments.&#8221;<\/p>\n<p>According to Elkann, Exor was forming partnerships with medical organizations at an early stage of their development through its venture capital shoulder, exor Ventures.<\/p>\n<p>BROTHER CHAIRMAN<\/p>\n<p>Exor owns controlling stakes in businesses like Ferrari, CNH Industrial, and football team Juventus. It is the second largest investment in the automaker Stellantis.<\/p>\n<p>Ajay Banga, an Indian-born U.S. nomination to lead the World Bank, declined to run for reelection as its non-executive president earlier on Monday and instead suggested Nitin Nohria for the position.<\/p>\n<p>Professor of leadership and organizational performance at Harvard Business School Nohria is the administrative chairman of the American venture capital firm Thrive Capital and a board member of organizations like Anheuser-Busch InBev.<\/p>\n<p>Exor stated as it presented its full year result that his election will need to be supported by owners at their common conference on May 31.<\/p>\n<p>It claimed that last year&#8217;s&#8217;s profit increased to 4.227 billion euros($ 4.64 billion ), up from 1.717 billion in 2021, primarily as a result of the net profit it received from the 8.6 billion euro sale of PartnerRe. ($ 1 = 0.9113 euros )<\/p>\n<p>Giulio Piovaccari reported, and Keith Weir edited.<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/agnellis-exor-eyes-further\/attachment\/illustration-shows-exor-logo\/\"><\/a><\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Joe Hoft is with<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Lt. Col. Stuart Scheller is present.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Brooke Livingston is with<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Lee Smith is with<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>By Josh Ye HONG KONG( Reuters ) Tencent Holdings, a Chinese tech behemoth, announced on Monday that its self-developed video transcoding chip Canghai has&#8230;<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Sega Sammy Holdings Inc. of Japan announced on Monday that it intended to buy Finland&#8217;s&#8217;s Rovio Entertainment Oyj for 706 million dollars.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Shares of Infosys Ltd. fell by almost 15 % on Monday, dragging peers and the benchmark index after the&#8230; by Nishit Navin BENGALURU ( Reuters)<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>( Reuters ) Apple Inc. &#8216; s TV platform was restored following a brief outage that affected thousands of users in the United States.<\/p>\n<\/div>\n<p><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Giulio Piovaccari MILAN (Reuters) -Exor the holding company of Italy\u2019s Agnelli family, will seek further opportunities to expand in healthcare after investing almost one billion euros ($1.1 billion) in the industry last year, CEO John Elkann said on Monday. After completing the sale of its reinsurer PartnerRE, Exor has around 6.5 billion euros in<\/p>\n","protected":false},"author":66,"featured_media":1915883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[24535,24534,12432,7539,4606,9177],"class_list":["post-1915882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-agnellis","tag-exor","tag-expansion","tag-eyes","tag-healthcare","tag-investment"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1915882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1915882"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1915882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1915883"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1915882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1915882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1915882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}