Peugeot Invest: consultation agreement with Exor
(CercleFinance.com) - Peugeot Invest (formerly FFP) announces that Peugeot 1810 (a company jointly owned with Etablissements Peugeot Frères) has entered into a reciprocal consultation agreement with Exor, another major shareholder of the car maker Stellantis.
This agreement is intended to strengthen the relationship between the Agnelli and Peugeot families, although does not provide for any obligation to exercise voting rights or coordinate actions with respect to their respective rights and obligations as shareholders of Stellantis.
These meetings will also provide an opportunity for representatives of both families to discuss matters of common interest, such as best practices in the conduct of family business, the investment company added.
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This agreement is intended to strengthen the relationship between the Agnelli and Peugeot families, although does not provide for any obligation to exercise voting rights or coordinate actions with respect to their respective rights and obligations as shareholders of Stellantis.
These meetings will also provide an opportunity for representatives of both families to discuss matters of common interest, such as best practices in the conduct of family business, the investment company added.
Copyright (c) 2021 CercleFinance.com. All rights reserved.