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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 |
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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