The climb of Urban Cairo a Rcs could be at a turning point, after yesterday, Mediobanca had communicated to Consob that it wanted to study alternatives to the offer of the publishing group: Cairo Communication, in fact, decided to obtain a shareholding suitable for exercising de facto control over Rcs, identified in the 35% of the capitalplus one share.
This was disclosed in the explanatory note, released upon request by Consob, on the agenda of the extraordinary shareholders' meeting of Cairo Communications on May 12 relating to the public offer launched by the company on RCS and, specifically, on the conditions of effectiveness of the offer. Therefore, the conditions for the effectiveness of Cairo's offer change, ready to renounce the previous conditions of the PEO, which aimed to reach 50% plus one share of the ordinary capital of RCS: "this condition is, in whole or in part , modifiable or waiverable by Cairo Communication"
