RCS, the Cairo Assembly Communication will launch the capital increase. Openness to new members. Bonomi makes the actions – The Republic

Rome – Cairo has de facto control over RCS. To its public offer of purchase and exchange it was made the 48,82% of the capital. This was declared by Equita Sim, also on behalf of Banca Imi, intermediaries who coordinated the collection of subscriptions. The final results on 21 July. Cairo announced that waive the condition of the minimum level of acceptances. Those who have accepted the offer competing – and losing – the International Media Holding will have five days (July 22 to 28) to transfer their shares to Cairo.

This morning is the Extraordinary General Meeting of Cairo Communication it has meanwhile held that approved the capital increase of 70 million euro to strengthen patrimonial society and meet the needs related to the public mixed cast of RCS. The start of work were present – in person or by proxy – shareholders representing 78.5% of the capital. The exclusion of option rights leaves the door open to new members.

Meanwhile, on the stock exchange the title RCS (follow) and Cairo (follow) deal in fall after the close of the bidding period. Urbano Cairo tries to reassure markets: “I’ll be in the front line. I want to have all the powers and figure out why and how every euro. Bonomi did not hear it directly. I spoke with the other consortium that they called me. They were very positive, they seemed almost my fellow travelers “. It will not be a travel companion, however, Silvio Berlusconi, who had no role – swears Cairo – in this acquisition, whether directly or indirectly.

In terms of the defeated, the group led by financier Andrea Bonomi return RCS takeover bid for the shares delivered by 1 euro per share, confirming the rumors of the day before they had not seen him and hinder Cairo’s historic partners in the conquest of via Solferino. If all the shares in the tender offer loser Imh (12.9% stake) would migrate to the winner, “we should deal with an outlay of about € 80.6 million – explains Cairo – and this would enable Cairo Communication to still a little ‘cash. So we should not touch the Intesa San Paolo loan “of € 140 million (and valid to 60 months).

Urbano Cairo – which confirms the confidence in the editor of Corriere della Evening, Fountain, and the political line of the header – added: “We will have a month in which the Courier will be offered at a special price to entice a lot of new people to try the newspaper, enriched thanks to our investments. There will also be synergies . I think the participation of journalists of the Courier to television broadcasts of La7, as we already do “, while excluding direct integration between TV and print media.

Finally, it’s time for regrets, when Cairo explains that he would never sell the RCS Books, even the historic headquarters in Via Solferino, and even radio.

Topics:

RCS

Corriere della Sera

Opas

capture

Starring:

urban cairo

Andrea Bonomi