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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Rizzoli Corriere della Sera MediaGroup SpA | BIT:RCS | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.006 | -0.69% | 0.866 | 0.86 | 0.89 | 0.872 | 0.862 | 0.872 | 218,315 | 17:00:00 |
From Dec 2019 to Dec 2024
By Gilles Castonguay
MILAN--RCS Mediagroup SpA's (RCS.MI) biggest shareholder, Fiat SpA (F.MI), has ended up with a 20.55% stake after taking part in the Italian publisher's capital increase, which raised more than 400 million euros ($531.1 million) to help it with a major restructuring, according to market regulator Consob.
According to the latest figures on Consob's website, other shareholders in the publisher of Italian daily Corriere della Sera include: bank Mediobanca (MB.MI), with a 15.45% stake; bank Intesa Sanpaolo SpA (ISP.MI), with 6.54%; and tire maker Pirelli & C SpA (PC.MI), with 5.45%.
Fiat, an auto maker that has described the investment as strategic, increased its stake in RCS by buying subscription rights from other investors.
Like many other major companies in Italy, RCS has a small group of shareholders that have pooled their stakes to maintain control of the publisher.
Write to Gilles Castonguay at gilles.castonguay@dowjones.com; Twitter: @GRCastonguay
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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