Exor Becomes Long-Term Investor in Philips

Exor has taken a 15% stake in Philips for an undisclosed sum but worth around €2.6 billion and will be able to nominate one board member. #press

https://www.wsj.com/articles/exor-buys-15-stake-in-philips-c1e444cf?utm_source=press.coop

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