Wednesday, March 2, 2016

Repubblica and La Stampa come together, to Cir 43% of the new group – Il Sole 24 Ore

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This article was published on March 2, 2016 at 18:48 hours.
the last change is the 2 March 2016 at 21:10.

Fca, the group L’Espresso and Itedi said they will conduct an operation aimed the creation of the first Italian publishing group in the information. It was written a memorandum of understanding providing for the merger of Itedi with society ‘Italian Gruppo Editoriale L’Espresso.

The map shareholding of the new publishing group that will define, which is expected to close within the first quarter of 2017, provides for the CIR to about 43%, about 5% Exor, the Perrone family (Ital Press Holding) to about 5%, other shareholders Fca around 11% and finally 36% of the share capital will consist of floating. Currently Itedi is controlled by Fca 77% is owned by Perrone to 23%, while the publishing group L’Espresso is controlled by Cir to 54% and the remainder (46%) from other shareholders,

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