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SOFTWARE (NON-INTERNET/MOBILE) | Billing, Expense Management and Procurement Software

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About Exor

Provider of infrastructure asset management software solutions. The company provides software for the highways sector which is intended for use in network-based asset, maintenance, and contract management. Its technology is designed to enable the control, planning, and budgeting of road management, from inspections through accident analysis to predictive pavement management modelling.

Exor Headquarter Location

Clifton Heights Triangle West

Bristol, BS8 1EJ,

United Kingdom

44 117 900 6200

Latest Exor News

Exor N : in new talks with Covea over scrapped $9bn sale of PartnerRE - report

Oct 23, 2021

10/23/2021 | 06:02am EDT Message : *Required fields MILAN (Reuters) - Exor, the holding company of Italy's Agnelli family, has restarted talks with French insurer Covea over a possible sale of reinsurer PrtnerRE, Il Sole 24 Ore reported on Saturday, after the deal was scrapped last year due to the pandemic. Talks have resumed in the recent weeks, the daily newspaper said, citing several unidentified sources. Exor and Covea were discussing a valuation for Bermuda-based PartnerRE which was "close" to the one agreed as part of their original deal, one of the sources said. Covea last year walked away from its planned purchase of 100% Exor-owned PartnerRe for $9 billion in cash, saying it could no longer buy it under the terms of their agreement, which was signed before the coronavirus pandemic. Exor declined to comment on the report, while privately held Covea was not immediately available for comment. Under the original terms of the agreement with Covea, Exor would have received an aggregate cash return of $3 billion from its purchase and disposal of PartnerRE, including dividends paid by the reinsurer since 2016, Exor had said. After the deal collapsed, Covea agreed to invest 1.5 billion euros ($1.75 billion) in entities managed by PartnerRE and in undisclosed investments related to Exor, in a bid to normalise relations between the two companies. It is not known how long revived talks could last and whether a transaction would be eventually agreed, Il Sole 24 Ore said. ($1 = 0.8593 euros)

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Research containing Exor

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CB Insights Intelligence Analysts have mentioned Exor in 3 CB Insights research briefs, most recently on Sep 21, 2021.

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