Iveco will consider any offers for defence unit but spin-off primary path, top investor says
March 27 (Reuters) - Exor top executives tell analysts in a post-earnings call:
CEO JOHN ELKANN: OUR DISCOUNT ON NAV IS OPPORTUNITY TO INVEST IN OURSELVES, WHICH IS WHAT WE ARE DOING THROUGH SHARE BUYBACK
COO (AND IVECO CHAIRMAN) SUZANNE HEYWOOD: IVECO WILL CONSIDER ANY OFFERS FOR DEFENCE UNIT THAT COME FORWARD BUT SPIN-OFF IS PRIMARY PATH BEING CONSIDERED AT THE MOMENT
EXOR CEO JOHN ELKANN: OUR FOCUS NOW IS ON COMPANIES WE OWN RATHER THAN ON ADDITIONAL INVESTMENT DEPLOYMENT
EXOR CEO JOHN ELKANN: THERE IS NO INCLINATION OF COMPANY TO INVEST IN DEFENCE AS A SECTOR
EXOR CEO JOHN ELKANN: WE DON'T BELIEVE THERE ARE AFFINITIES BETWEEN CAR INDUSTRY AND DEFENCE INDUSTRY
EXOR CEO ELKANN: US TARIFFS RAISE CONCERNS ON AFFORDABILITY OF CARS MADE IN AMERICA AND IMPLICATIONS ON DEMAND IN THE US
EXOR CFO GUIDO DE BOER: WE LOOK AT INVESTMENTS OPPORTUNITIES WITH PATIENCE, NO SHORT TERM TARGET NOR INDICATION ON TIMING
Related Articles
Bitcoin Price Prediction 2029-2035: Institutional Accumulation and the U.S. Treasury’s Strategic Reserve Pivot
Explore the 2026 Bitcoin landscape: From the U.S. Strategic Reserve and Michael Saylor’s $75B war chest to Cathie Wood’s 2030 forecast. Is BTC the new Digital Gold?
This $1 Trillion AI Stock Is Getting Ready for 2026: Is Meta a Good Buy?
When ads and commerce are factored in, Meta is building a long-term platform—in Augmented Reality and smart glasses — to get us closer to the future of AI. This device hardware business is less profitable than ads right now, but it could grow the company’s ecosystem and open up new ways for it to ma
Is SaaS Dead? The Truth Behind the Software Meltdown, the Missing Floor, and the Peak That’s Not Coming Back
TradingKey - A trillion dollars just vanished from software stocks—this piece breaks down who AI is really killing, who quietly benefits, and why cheap SaaS may be the biggest value trap of this cycle.
