Edition:
United Kingdom

GEDI Gruppo Editoriale SpA (GEDI.MI)

GEDI.MI on Milan Stock Exchange

0.70EUR
15 Dec 2017
Change (% chg)

€-0.01 (-1.61%)
Prev Close
€0.71
Open
€0.71
Day's High
€0.71
Day's Low
€0.69
Volume
1,110,307
Avg. Vol
1,303,910
52-wk High
€0.89
52-wk Low
€0.67

Latest Key Developments (Source: Significant Developments)

Telecom Italia says has received preliminary bids for Persidera unit
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Telecom Italia says::PROCESS TO SELL PERSIDERA UNIT CURRENTLY IN THE DUE DILIGENCE PHASE.POTENTIAL SUITORS HAVE PRESENTED PRELIMINARY NON-BINDING OFFERS.SALE PROCESS STARTED IN OCTOBER WITH BARCLAYS AND LAZARD ACTING AS ADVISERS RESPECTIVELY FOR TIM (WHICH OWNS 70 PCT OF PERSIDERA) AND PUBLISHER GEDI (WHICH OWNS REMAINING 30 PCT).  Full Article

GEDI Gruppo Editoriale 9-month net result swings to loss of EUR 143.9 mln
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - GEDI GRUPPO EDITORIALE SPA ::9-MONTH REVENUE EUR ‍​440.0 MILLION VERSUS EUR 424.3 MILLION YEAR AGO.9-MONTH NET LOSS EUR ‍​143.9 MILLION VERSUS PROFIT EUR 14.0 MILLION YEAR AGO.WITHOUT CONSIDERING IMPACT OF SETTLEMENT OF TAX DISPUTE, IT SEES TO REPORT POSITIVE RESULT AT END OF 2017‍​.  Full Article

Gedi Gruppo Editoriale acquires 10% stake in‍ Radio Italia
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - GEDI GRUPPO EDITORIALE SPA :SAYS ACQUIRES 10% STAKE IN‍ RADIO ITALIA FROM MARIO VOLANTI​.  Full Article

L'Espresso sells 71 pct stake in publisher of "Alto Adige" and "Trentino"
Wednesday, 12 Oct 2016 

Gruppo Editoriale L'Espresso SpA : Agreement has been reached for the sale by Finegil of its entire 71 percent interest that it holds in Seta SpA, publisher of "Alto Adige" and "Trentino", to Athesia SpA . Athesia is part of the group that controls the daily newspaper Dolomiten .Deal is part of a deconsolidation plan to comply with the circulation thresholds in view of future merger with La Stampa and Il Secolo XIX.  Full Article

Italy's CIR and Fiat Chrysler sign deal for new publishing group
Monday, 1 Aug 2016 

Carmaker Fiat Chrysler Automobiles, Italian group CIR and L'espresso say: signed framework agreement for the merger of their controlled publishing businesses, following a memorandum of understanding dated March 2 . CIR, main investor in Italian publishing group L'Espresso, will hold 43.4 percent of the group created through the combination of L'Espresso and Itedi . agreement also signed by Perrone family holding Ital Press, which will own 4.37 of new group . Fiat will initially own 14.6 percent of the merged group but will then distribute its entire stake, with Agnelli family holding Exor acquiring 4.3 percent .CIR will be granted the right to appoint Chairman and CEO of new group.  Full Article

Gruppo Editoriale L'espresso sees FY 2016 net result, excluding non-recurring items, in line with previous year
Wednesday, 27 Jul 2016 

Gruppo Editoriale L'espresso Spa :Says group should be able to achieve FY 2016 net result, excluding non-recurring items, in line with previous year.  Full Article

Gruppo Editoriale l'Espresso H1 net profit falls EUR 12.1 mln
Wednesday, 27 Jul 2016 

Gruppo Editoriale L'Espresso SpA : H1 net profit 12.1 million euros ($13.30 million) versus 22.1 million euros a year ago .H1 revenue 292.9 million euros versus 305.7 million euros a year ago.  Full Article

Gruppo Editoriale l'Espresso SpA signs with Itedi a memorandum of understanding for the merger by incorporation of ITEDI with Gruppo Editoriale L'Espresso
Wednesday, 2 Mar 2016 

Gruppo Editoriale l'Espresso SpA:Signs with Itedi a memorandum of understanding for the merger by incorporation of ITEDI with Gruppo Editoriale L'Espresso.Itedi Italiana Editrice is a company controlled for 7 percent by Fiat Chrysler Automobiles and for 23 percent by Ital Press Holding (Perrone family) and publishes the daily newspapers La Stampa and Il Secolo XIX.The merger will take place according to an exchange of shares that will be established precisely in the final agreements, subject to due diligence and other conditions.On the outcome of the deal, CIR will remain the controlling shareholder, with an interest of over 40 percent in Gruppo Editoriale L'Espresso.The company resulting from the merger will continue to be listed on Borsa Italiana.The various titles will maintain their full editorial independence.Completion of the merger is expected to take place in the first quarter of 2017.  Full Article

Gruppo Editoriale l'Espresso SpA unit to manage advertising collection for Il Foglio
Wednesday, 3 Feb 2016 

Gruppo Editoriale l'Espresso SpA:The advertising collection unit Manzoni of Gruppo Editoriale l'Espresso (Espresso Group), a CIR Compagnie Industriali Riunite unit​, will manage the advertising collection for the newspaper Il Foglio.  Full Article

Gruppo Editoriale l'Espresso SpA unit to manage legal advertising of judicial auctions for Immobiliare.it​‍​
Thursday, 21 Jan 2016 

Gruppo Editoriale l'Espresso SpA:Advertising collection unit Manzoni of Gruppo Editoriale l'Espresso (Espresso Group) to manage legal advertising of judicial auctions for Immobiliare.it.  Full Article