GEDI Gruppo Editoriale

GEDI Gruppo Editoriale S.p.A., formerly known as Gruppo Editoriale L'Espresso S.p.A. is an Italian media conglomerate, founded in 1955, based in Rome, Italy and listed on the Italian Stock Exchange.

GEDI Gruppo Editoriale
FormerlyGruppo Editoriale L'Espresso (1955-2017)
Typelisted società per azioni
BIT: ES
IndustryPublisher
Founded1955
HeadquartersTurin, Italy
Area served
Italy
Products
ParentExor
Websitewww.gedispa.it

History

In 2009, the group L'Espresso created an online advertising consortium with RCS MediaGroup.[1]

In March 2010, the group made public apologies to Roman Abramovich after publishing an article stipulating he had lost his luxury yacht to gambling debts, an information that was ruled as false.[2]

In March 2016, the Italiana Editrice (ITEDI, group la Repubblica) merged with L'Espresso group to create the leading Italian group in print and online information.[3]

In May 2017, the group changed its names from Gruppo Editoriale L'Espresso to GEDI Gruppo Editoriale. In 2020 EXOR, the company of the Agnelli-family took over GEDI Gruppo Editoriale and became the controlling owner.[4]

Description

Shareholding

In December 2019, the board of GEDI accepted Exor's offer to buy 43,78% of its stocks.[5][6]

As of 2019 the main shareholders were:[7]

  • CIR Group - 43%
  • Giovanni Agnelli BV (including Exor) - 6,9 %
  • Carlo Perrone - 5%
  • Sia Blu (Giacaranda Caracciolo Falck) - 5%

References
  1. Italy's top newspaper groups pool online advertising, Reuters.com, 14 January 2009
  2. Roman Abramovich Wins Libel Case After Claims He Lost Yacht Playing Poker, Onlinepoker.com, 18 March 2010
  3. (in Italian) Giovanni Pons, Nasce il polo Repubblica-Stampa. Fca esce da Rcs, Repubblica.it, 2 March 2016
  4. (in Italian) Mauro Introzzi, Gruppo Editoriale L’Espresso diventa GEDI Gruppo Editoriale, Soldionline.it, 8 May 2017
  5. (in Italian) La famiglia Agnelli-Elkann acquista la Repubblica e il gruppo l’Espresso, Firstonline.info, 3 December 2019
  6. Rachel Sanderson, Agnelli family’s Exor to buy Italian media group GEDI, Ft.com, 3 December 2019
  7. emi. "Notizie Radiocor Borsa: Gedi in volatilita' (+10,3%), la bagarre di famiglia infiamma i prezzi". Radiocor.
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