By Aimee Look
Dutch investment firm Exor agreed with the Ferrari family to renew its shareholder agreement for a three-year term.
Exor said Saturday that the new agreement with the luxury carmaker will automatically renew for three additional years unless terminated.
The agreement enables the parties to coordinate their positions for matters that will be resolved at Ferrari shareholder meetings, Exor said. It also outlines that if either party is seeking to sell shares, they must offer them to the other before a third party.
Exor is a major shareholder in other companies including Stellantis and Philips and has been an investor in Ferrari for decades.
Write to Aimee Look at aimee.look@wsj.com
(END) Dow Jones Newswires
January 05, 2026 01:14 ET (06:14 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments