Here comes the shareholders’ meeting received by the flash from cameras and notebooks from an assault. “Of course I will be at the forefront. I want to have all the powers: it is urgent to understand when it comes out a euro, because it comes out, how and if it could be made a better investment. ” Urbano Cairo is the new controlling shareholder of RCS, the first publisher for over thirty years in this part of the ‘Corriere della Sera’ group, ruled since 1984 by a team of partners with diversified interests. His Opas has collected almost 50% of support in Piazza Affari, beating the rival takeover bid launched by four historical partners RCS – Diego Della Valle, Mediobanca, Pirelli and UnipolSai – with the financier Andrea Bonomi. The consortium that left almost 25% stopped at 37.7%, and acknowledged the defeat, ‘freeing’ acceptances. Investors who had delivered the takeover bid bonds, around 12.9% of the capital, on Friday 22 and for five days, will be allowed to migrate to the offer of the owner of “La7″. Consob will announce Thursday 21 final data on the two offers. And at the end of next week we will know the new Cairo controlling stake.
“I was surprised detachment – tells Cairo – even though looking back I stopped people on the street and in cafes:” We are with you! “. I do not know if, as some say, this represents a turning point for the Italian capitalism. Perhaps the Opas has cut the desire for change that is present in the market, as in society. ” The festivities were limited to a toast with the victory consultants evening, Friday 15th, and concluded with a walk at night in the company of two employees to Via Solferino. Meditative stop at number 28, in front of the palace of the ‘Corriere’, still open for the attempted coup in Turkey. The historical site, now Cairo says, “that I never, ever would have sold. As ever, ever I would have sold RCS Books and radio. ”
Now he wants to hurry : “My problem is to prevent it in the RCS is burnt other case, we must act as soon as possible,” has been saying to the Cairo Communication shareholders gathered to resolve a increase up to 70 million ( “of which the state does not need”) and multiple voting which is given to those who hold their shares for at least 24 consecutive months. The cash outlay (the Opas expected 25 cents in cash plus a 0,18) exchange will be a maximum of 80.6 million. “We had 108.6 million cash before distributing the dividend” of 15.6 million. “If you want, we could not touch the loan granted by Intesa for 140 million.”
Compared to the times, in a shared location context , some resignation in council may allow Cairo to join the company and quickly take the lead. Meanwhile the Assembly may be convened for renewal. Serve 40 days to bring together the members. “I have given up to leave – observed – is the council to see what is best for the company.” As for relations with old partners “I am available to everyone, but right now the priority is to the company and its employees.”
The “Courier Online” will not change . “It would be madness, there’s nothing more habit of reading your favorite newspaper,” assures Cairo, for which independence is not in question: “The Director is the lord and master” of the newspaper. “The” Courier “will be offered for a period of a very special price. It will cost less and will be even richer: will not disappoint our readers and we will conquer new ones. “
July 19, 2016 (amending July 19, 2016 | 00:19)
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