MILAN (Reuters) - Exor, the holding company of Italy's Agnelli family, has now around 6.5 billion euros ($6.7 billion) in cash available to deploy for acquisitions, Chief Executive Officer John Elkann said on Wednesday.
Elkann said the company would invest around 5 billion euros in new companies it wants to buy, potentially a large one and three to five smaller ones, with a focus on healthcare, luxury and technology.
Exor will use around 1.5 billion euros of its cash coffer for investments through its vehicles Ventures and newly-created Lingotto, he added.
($1 = 0.9668 euros)
(Reporting by Giulio Piovaccari, editing by Alvise Armellini)
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