"Cairo's increase in its share in RCS is positive, it means that it believes in the company, in the fact that it is well managed". This was stated by John Elkann, president of Fiat, a shareholder of RCS, specifying that Lingotto in turn subscribed to the capital increase because it was the only way to keep it from going bankrupt.
"To my knowledge, there is no need for new capital in RCS", added Elkann, who then also dedicated a thought to the owner of Tod's, Diego Della Valle, with whom there was no shortage of controversy in the past: "Being a practical man, of great concreteness, who looks to the point - said the number one of Fiat -, Della Valle has seen that his investment in RCS, since he subscribed to the capital increase, has increased significantly. His concerns, expressed in last year's assembly, did not materialize, and he put his soul at rest ”.
