CIR and Exor to complete acquisition of 43.78% of GEDI on 23 April 2020
(WorldNews Netherlands)

JOINT PRESS RELEASE CIR AND EXOR TO COMPLETE ACQUISITION OF 43.78% OF GEDI ON 23 APRIL 2020 Amsterdam/Milan 3 April 2020. Following receipt of the necessary approvals from the competent authorities, including the European Commission and AgCom, CIR S.p.A. - Compagnie Industriali Riunite ("CIR") and EXOR N.V. ("EXOR") communicate that completion of the transaction announced on 2 December 2019, concerning the acquisition by EXOR of the shareholding equal to 43.78% of the total share capital of GEDI Gruppo Editoriale S.p.A. ("GEDI") held by CIR, will take place on 23 April 2020 at a price of EUR0.46 per share, which corresponds to a total consideration of EUR102.4...