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Gruppo Editoriale L’Espresso
GEDI Gruppo Editoriale S.p.A., formerly known as S.p.A., is an Italian media conglomerate. Founded in 1955, it is based in Turin, Italy, and controlled by the Agnelli family through Exor. The company is known for publishing newspapers ''La Repubblica'' and ''La Stampa''. History Origins In 2009, the group L'Espresso created an online advertising consortium with RCS MediaGroup. In March 2016, the Italiana Editrice (owner of ''La Stampa'' and controlled by FCA) merged with L'Espresso group (owner of ''La Repubblica'') to create the leading Italian group in print and online information. As a result CIR (owned by the Benedetti family) remained the majority shareholder, with FCA and Carlo Perrone as minority shareholders. Name change In May 2017, the group changed its names from to GEDI Gruppo Editoriale. In July 2017, FCA distributed its stake to shareholders, making the Agnelli Family (through Exor) minority shareholders with a 4.26% stake. In December 2019, the board of C ...
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Società Per Azioni
(; abbr. S.p.A. or spa ) is a form of corporation in law of Italy, Italy, meaning 'company with shares' (although often translated as 'joint-stock company', which may or may not be a limited liability entity). It is more or less equivalent to S.A. (corporation), S.A. or public limited company, public limited company (PLC) in other countries. The other common form of corporation in Italy was (S.r.l.) ('limited liability company'). S.p.A. issued shares (), while in S.r.l. the unit was quote/stock of share capital. Moreover, the articles of association of S.r.l. allowed different allocation of Profit and loss sharing, profit and assets, which was more comparable to a limited partnership. Throughout Italy's history, the governance of S.p.A. has been remodeled several times. Originally the S.p.A. was governed by the Commercial Code of 1865, and subsequently by that of 1883, under the name "''società anonima''" ('anonymous company'). The regulations contained within the civil code ...
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La Stampa
(English: "The Press") is an Italian daily newspaper published in Turin with an average circulation of 87,143 copies in May 2023. Distributed in Italy and other European nations, it is one of the oldest newspapers in Italy. Until the late 1970s and early 1980s, when the country underwent a nationalization process, and were not real national daily newspapers, as their geographical area of circulation was mostly limited to Piedmont for and Lombardy for ; thus, both papers shared a readership that was linked to its place of residence and its social class, mostly from the industrialist class and financial circles. has "historically" been Turin's newspaper of record. It is considered one of Italy's leading national newspapers alongside , , , and . History and profile The paper was founded by Vittorio Bersezio, a journalist and novelist, in February 1867, with the name ''Gazzetta Piemontese''. In 1895, the newspaper was bought and by then edited by Alfredo Frassati (father of ...
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Huffington Post
''HuffPost'' (''The Huffington Post'' until 2017, itself often abbreviated as ''HPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and covers politics, business, entertainment, environment, technology, popular media, lifestyle, culture, comedy, healthy eating, young women's interests, and local news featuring columnists. It was created to provide a progressive alternative to conservative news websites such as the Drudge Report. The site contains its own content and user-generated content via video blogging, audio, and photo. In 2012, the website became the first commercially run United States digital media enterprise to win a Pulitzer Prize. Founded by Arianna Huffington, Andrew Breitbart, Kenneth Lerer, and Jonah Peretti, the site was launched on May 9, 2005, as a counterpart to the Drudge Report. In March 2011, it was acquired by AOL for US$315 million, with Arian ...
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La Provincia Pavese
is an Italian language Italian (, , or , ) is a Romance language of the Indo-European language family. It evolved from the colloquial Latin of the Roman Empire. Italian is the least divergent language from Latin, together with Sardinian language, Sardinian. It is ... regional daily newspaper and is the main paper of the province of Pavia. History and profile is part of the through its subsidiary, Finegil, which publishes it. The paper has its headquarters in Pavia. In 2013 had a circulation of 16,585 copies. The Espresso Group reported that the circulation of the paper was 15,700 copies in 2014. References External links Official website GEDI Gruppo Editoriale Italian-language newspapers Mass media in Pavia Daily newspapers published in Italy Newspapers established in 1870 {{Italy-newspaper-stub ...
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La Repubblica
(; English: "the Republic") is an Italian daily general-interest newspaper with an average circulation of 151,309 copies in May 2023. It was founded in 1976 in Rome by Gruppo Editoriale L'Espresso (now known as GEDI Gruppo Editoriale) and led by Eugenio Scalfari, Carlo Caracciolo, and Arnoldo Mondadori Editore as a leftist newspaper, which proclaimed itself a "newspaper-party" (). During the early years of , its political views and readership ranged from the reformist left to the extraparliamentary left. Into the 21st century, it is identified with centre-left politics, and was known for its anti- Berlusconism, and Silvio Berlusconi's personal scorn for the paper. In April 2020, the paper was acquired by the GEDI Gruppo Editoriale of John Elkann and the Agnelli family, who is also the founder and owner of . Maurizio Molinari, the then editor of , was appointed as 's editor in place of ; this prompted the resignation of several journalists opposed to this change. Un ...
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Borsa Italiana
Borsa Italiana () or Borsa di Milano (), based in Milan at Palazzo Mezzanotte, Mezzanotte Palace, is the Italy, Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies.italy24.ilsole4ore.com,Borsa Italiana" Following exchange privatisation in 1997, the Italian Bourse was established and became effective on 2 January 1998.source sense.com,Borsa Italiana On 23 June 2007, the Italian Bourse became a subsidiary of the London Stock Exchange Group.news.bbc.co.uk,London Stock Exchange Buys Borsa This changed on 9 October 2020, when a €4.3 billion deal was agreed between the London Stock Exchange Group and pan-European stock exchange group Euronext. Euronext's acquisition of the Italian Bourse was completed on 29 April 2021. It is expected Italian Bourse will be rebranded as Euronext Milan in due course. Borsa Italiana is also informally known as ...
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Delisted
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are publicly listed. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions. Normally the issuing company is the one that applies for a listing but in some countries an exchange can list a company, for instance because its stock is already being traded via informal channel Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange. Delisting often arises from a merger or takeover, or the company going private. Requirements Each stock exchange has its own 'listing requirements'' or rules. Initial listing requirements usually include supplying a history of a few years of financial statements (not required for "alternative" markets targeting young firms); a sufficient size of the amount being placed among the general public (the free float), both in absolute terms and as a ...
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Tender Offer
In corporate finance, a tender offer is a type of public takeover bid. The tender offer is a public, open offer or invitation (usually announced in a newspaper advertisement) by a prospective acquirer to all stockholders of a publicly traded corporation (the target corporation) to tender their stock for sale at a specified price during a specified time, subject to the tendering of a minimum and maximum number of shares. In a tender offer, the bidder contacts shareholders directly; the directors of the company may or may not have endorsed the tender offer proposal. To induce the shareholders of the target company to sell, the acquirer's offer price is usually at a premium over the current market price of the target company's shares. For example, if a target corporation's stock was trading at $10 per share, an acquirer might offer $11.50 per share to shareholders on the condition that 51% of shareholders agree. Cash or securities may be offered to the target company's shareholders, ...
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Fiat S
Fiat Automobiles S.p.A., commonly known as simply Fiat ( , ; ), is an Italian automobile manufacturer. It became a part of Fiat Chrysler Automobiles in 2014 and, in 2021, became a subsidiary of Stellantis through its Italian division, Stellantis Europe. Fiat Automobiles was formed in January 2007 when Fiat S.p.A. reorganized its automobile business, and traces its history back to 1899, when the first Fiat automobile, the Fiat 4 HP, was produced. Fiat Automobiles is the largest automobile manufacturer in Italy. During its more than century-long history, it remained the largest automobile manufacturer in Europe and the third in the world after General Motors and Ford for over 20 years, until the car industry crisis in the late 1980s. In 2013, Fiat S.p.A. was the second-largest European automaker by volumes produced and the seventh in the world, while FCA was the world's eighth-largest automaker. In 1970, Fiat Automobiles employed more than 100,000 in Italy when its product ...
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Majority Owner
Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve multiple rights, collectively referred to as ''title'', which may be separated and held by different parties. The process and mechanics of ownership are fairly complex: one can gain, transfer, and lose ownership of property in a number of ways. To acquire property one can purchase it with money, trade it for other property, win it in a bet, receive it as a gift, inherit it, find it, receive it as damages, earn it by doing work or performing services, make it, or homestead it. One can transfer or lose ownership of property by selling it for money, exchanging it for other property, giving it as a gift, misplacing it, or having it stripped from one's ownership through legal means such as eviction, foreclosure, seizure, or taking. Ownership implies that the owner of a property also owns any economic benefits or deficits associated ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ...
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CIR Group
CIR Group (''Compagnie Industriali Riunite'') is an Italian holding company that is active in media, automotive components, and the healthcare sectors. It is listed on the Italian Stock Exchange and is 46% controlled by COFIDE of the De Benedetti family. In 2016 the CIR group reported revenues of 2.6 billion euro and a net income of 34 million euro. The group has more than 14 thousand employees. History The company was founded in 1976, when Carlo De Benedetti acquired the company Concerie Italiane Riunite, a Turin based tanning company, from its historic owner the Bocca family and transformed it into an industrial holding company. The company was then renamed Compagnie Industriali Riunite. Chief Executive of CIR for almost twenty years, Rodolfo De Benedetti is now Executive Chairman of the company. Monica Mondardini is Chief Executive. Holdings In the media sector CIR controls GEDI, the publishing company listed on the Italian stock exchange, which owns the daily newspap ...
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