Rai Way towards Piazza Affari. Yesterday the Board of Directors of the group chaired by Anna Maria Tarantola unanimously approved the authorization for the sale of a minority stake in Rai Way aimed at listing on the Stock Exchange and documents for filing with Consob and Borsa Italiana.
The quota to be offered to investors has not yet been defined, which could be between 40% and 49%, with 20% destined for retail. The operation should go through in mid-November and the valuation of the entire company would be between 900 million and one billion euros. From the sale, therefore, around 400 million should arrive. The move was designed to implement government-mandated cuts.
“Why should Rai sell a share of Rai Way equal to 400 million euros if the shortfall due to the Irpef decree is 150 million? It is appropriate for the company to clarify the use of the revenues from the sale of the company that manages the towers”, commented Michele Anzaldi, Pd deputy and secretary of the Rai Supervisory Commission, recalling that in the hearings in Parliament the general manager Luigi Gubitosi repeatedly assured that this year the Rai budget would be in balance, despite the cut arrived by the Executive.
