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CIR CIR SpA

0.602
-0.018 (-2.90%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CIR SpA BIT:CIR Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.018 -2.90% 0.602 0.602 0.614 0.614 0.601 0.612 725,485 02:01:17

Exor: Giano Holding Increases Stake in GEDI to 92.03%

01/07/2020 7:28am

Dow Jones News


CIR (BIT:CIR)
Historical Stock Chart


From Dec 2019 to Dec 2024

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By Kim Richters

 

Exor NV said Tuesday that its holding company Giano Holding SpA now has 92.03% of share capital in GEDI Gruppo Editoriale SpA.

Exor, the Agnelli family's holding company, said it increased its stake in the Italian publisher after a mandatory tender offer on all the ordinary shares of GEDI ended.

The offer of 0.46 euros ($0.52) a share will be paid on Monday to shareholders and the requirement for GEDI's delisting was met, Exor said.

Exor in December had agreed to buy a controlling stake in the company--which publishes Italian dailies La Repubblica and La Stampa--from CIR SpA - Compagnie Industriali Riunite.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

July 01, 2020 02:13 ET (06:13 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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