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Italy's Exor To Reduce Small Investments In Portfolio

MILAN -(Dow Jones)- Italy's Exor SpA (EXO.MI), the investment vehicle of the Agnelli family which founded Fiat SpA (F.MI), Wednesday said it wants to reduce the number of small investments in its portfolio and concentrate on the large holdings. It didn't identify any of the investments it might sell. Some of its smaller investments include stakes in television producer Banijay Group and paper maker Sequana SA (SEQ.FR). Its biggest investments include controlling stakes in Fiat and sister company Fiat Industrial SpA (FI.MI). "We want to reduce the number of small investments in order to concentrate on a few larger ones," said an advance copy of the preface to Exor's annual report by Chief Executive John Elkann. Exor will publish the report April 18 ahead of the May 29 annual shareholders' meeting in Turin, the northwestern industrial city in Italy where Exor and the Agnelli family are based. -By Gilles Castonguay, Dow Jones Newswires; +39 02 5821-9908; gilles.castonguay@dowjones.com; @GRCastonguay

Stock News for Pearson (PSO)
DateTimeHeadline
07/30/201509:27:12Report of Foreign Issuer (6-k)
07/29/201512:28:31Correction to Pearson story from July 23
07/27/201507:24:52Report of Foreign Issuer (6-k)
07/27/201506:44:55Report of Foreign Issuer (6-k)
07/27/201503:20:06Pearson in Talks to Sell Economist Stake
07/25/201512:02:09Pearson in Talks to Sell Economist Stake -- Update
07/25/201510:40:05Pearson In Talks to Sell Economist Stake
07/24/201511:40:47Report of Foreign Issuer (6-k)
07/24/201506:42:35Pearson's First Half Hit by Write-Down -- Update
07/24/201503:09:01Pearson 1st Half Hit by Writedown; Backs 2015 Guidance
07/23/201517:31:15ADRs End Lower; Credit Suisse Rises
07/23/201513:58:08Pearson Chooses Digital Path as It Plans to Sell Financial Times...
07/23/201512:30:33Correction to Pearson in Talks to Sell the Financial Times Story
07/23/201511:19:07Pearson Agrees to Sell the Financial Times to Nikkei for $1.3...
07/23/201510:59:57Report of Foreign Issuer (6-k)
07/23/201510:55:28Pearson Agrees to Sell the Financial Times to Nikkei for $1.3...
07/23/201510:44:27Axel Springer Not Buying FT Group
07/23/201510:38:18Financial Times Poised for New Ownership
07/23/201510:12:18Pearson in Talks to Sell the Financial Times -- 3rd Update
07/23/201508:29:24Report of Foreign Issuer (6-k)

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