Exor H1 profit soars 162 pct boosted by assets sales

August 28, 2015 12:03 PM

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MILAN Aug 14 Exor, the investment vehicle of Italy's Agnelli family on Friday reported a 162 percent rise in first-half profit, boosted by asset sales and higher proceeds from units.

The company, which became the largest shareholder in The Economist this month and also struck a deal to buy reinsurer PartnerRe, said its net asset value stood at 12.9 billion euros at the end of June, compared with 13.3 billion euros three months earlier.

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