Mercoledì, 24 Ottobre 2018
TURIN

Almost half of RCS shareholders support capital increase

English
© ANSA

Turin, April 12 - So far about 44% of the
shareholders of Italian publishing company RCS, owner of
national daily Il Corriere della Sera as well as other media
companies, have indicated they approve of a planned
400-million-euro capital increase, according to financial
sources citing shareholders' pact adherence levels.
Participants in the shareholder pact that controls 58% of
RCS, which faces bankruptcy unless it successfully raises new
capital, need to state whether they plan to back the plan by
Friday at midnight.
The confirmations will be formalized at a board meeting on
Sunday.
One of the members of the pact, Italy's largest carmaker
Fiat, earlier this week said they planned to back the capital
increase.
Other leading shareholders include merchant bank
Mediobanca, fashion entrepreneur Diego Della Valle - who owns a
controlling stake in luxury-goods maker Tod's - and the Benetton
family.

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