Exor Investor Day
OUR INVESTMENT IN PHILIPS IS OUR LARGEST HEALTHCARE
INVESTMENT
PHILIPS
PHILIPS
PHILIPS
HI
STRONG ALIGNMENT WITH PHILIPS MANAGEMENT TEAM
Exor
"Exor's investment in Philips, their long-term outlook and increased focus
on healthcare and technology, fit well with our strategy and substantial
value creation potential. With our market leadership positions and people-
centric innovation capabilities, Philips is well positioned to deliver on our purpose
to improve the health and well-being of people, creating value for all
stakeholders." - Roy Jakobs (Philips CEO)
€2.8bn investment
15% ownership
Right to nominate 1 Director
Closed on 14 August 2023
"We welcome Exor as a long-term investor in Philips. They have a successful
track record and clear strategy to grow and develop in healthcare and
technology. Exor's substantial investment underlines their confidence in
Philips' transformation into a healthcare technology company and its
growth and value potential." - Feike Sijbesma (Philips Chair)
"The path of change taken by Philips in recent years has created a company that
combines two areas - healthcare and technology - to which we are committed.
Our discussions have confirmed the strong and positive alignment
between our long-term, supportive approach to our companies and Philips'
ambitious plans under the chairmanship of Feike Sijbesma and the
executive team led by Roy Jakobs.” – John Elkann (Exor CEO)
10View entire presentation