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flag Exor, the Agnelli family firm, sold a 4% Ferrari stake for about €3 billion, causing shares to drop 7%.

flag Exor, the Agnelli family's holding company, sold a 4% stake in Ferrari for about €3 billion to diversify its portfolio and fund future acquisitions. flag This sale reduces Exor's economic stake in Ferrari to 20% but maintains 30% voting rights. flag Ferrari shares fell 7% post-announcement. flag Ferrari also plans to repurchase up to 10% of the sold shares as part of a larger buyback program.

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