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Stock market: Pirelli ko awaiting Thursday's Prelios board of directors

The most delicate moment in the story will be the meeting, scheduled between tomorrow and Wednesday, between Marco Tronchetti Provera and Vittorio Malacalza, after the breach in the Gpi, the safe that controls Camfin and Pirelli cascading.

Stock market: Pirelli ko awaiting Thursday's Prelios board of directors

Spotlight still on the galaxy Pirelli, which at the opening session in Piazza Affati lost more than 1,5%: in fact, by Thursday the board of Prelios, a subsidiary of Camfin like the share of Bicocca, will have to decide on the purchase proposals received. That of Feidos (Massimo Caputi) and the American Fortress whose lawyers will meet today and tomorrow with the creditor banks.

But the most delicate appointment remains the summit, between tomorrow and Wednesday, between Marco Tronchetti Provera and Vittorio Malacalza, after the split in gpi, the safe that controls Camfin and cascade Pirelli. The assembly gave the go-ahead for a capital increase up to a maximum of 45 million, intended to pay off the debt of the GPI with the banks (which amounts to 41 million). The shareholders Marco Tronchetti Provera, Alberto Pirelli and Massimo Moratti voted in favour, while the Malacalza family (shareholder with 31% of the unlisted holding) voted against. For the group of Genoese entrepreneurs, Gpi should have promoted a capital increase of 110 million, to provide the unlisted holding with the necessary resources with which to face the 132 million in liabilities that Camfin will have to repay to the banks by the end of the year.

The meeting will serve to evaluate the possibility of a compromise pending the denunciation of the pact in January, in view of the break in next July. Marco Tronchetti Provera is in talks with the Bonomi group as a possible alternative partner to Malacalza. He threatens a robust legal offensive.

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