Agnellis sell their stake in SGS




Exor, the Agnelli family’s holding company, has sold its 15% stake in Swiss inspection and testing company to Belgian conglomerate Groupe Bruxelles Lambert for 2 billion euros ($2.6 billion),

the

New York Times

reported.

Exor controls 30% of Fiat. The

Times

report noted that investors viewed the sale as connected to Fiat’s plan to buy the shares in Chrysler it doesn’t already own. That deal may cost $4 billion, the

Times

article said. (Source:

New York Times,

June 3, 2013.)

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