Exor: Giano Holding Increases Stake in GEDI to 95.67%
July 31 2020 - 2:36AM
Dow Jones News
By Cecilia Butini
Exor NV said late Thursday that its holding company Giano
Holding now has 95.67% of share capital in the publishing group
GEDI Gruppo Editoriale SpA.
The company, a holding controlled by the Italian Agnelli family,
said it set Aug. 5 as the payment date for 0.46 euros ($0.54) for
each ordinary share of GEDI, after a mandatory tender offer
ended.
Last December, Exor had agreed to buy from CIR SpA a controlling
stake in GEDI, a news network which publishes Italian newspapers La
Stampa and La Repubblica.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
July 31, 2020 02:21 ET (06:21 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Exor NV (BIT:EXO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Exor NV (BIT:EXO)
Historical Stock Chart
From Apr 2023 to Apr 2024
