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RCS: Chinese shareholders hypothesis to relaunch Cairo

The hypothesis is from Il Messaggero: it would be the Wanda group, already active in Italy with football TV rights (and in negotiations for the purchase of Milan) – Today the RCS share recovers on the stock exchange: the investors push Cairo to relaunch .

RCS: Chinese shareholders hypothesis to relaunch Cairo

I Chinese in Rcs. According to what is claimed by Il Messaggero, the possibility is emerging that alongside Urbano Cairo in the takeover of the editorial group in via Solferino there is Wanda Group, a Chinese group active in various sectors (hotel, real estate, tourism and sport). In Italy Wanda is also known for two other reasons: through Infront he manages the TV rights of football and is also indicated among the subjects of the Asian consortium that is negotiating the purchase of Milan.

Meanwhile, in Piazza Affari today the RCS stock recovers ground: after a drop of more than 5% yesterday, thanks to the weakening of expectations for a raise, today it gains more than 1% to 0,748 euros per share, the higher threshold both of the exchange offer proposed by Cairo and of the value of the tender offer of the competing consortium, the one led by Bonomi's Investindustrial together with some historical partners of the publishing group.

Investors are therefore once again confident in a relaunch by Cairo, which according to what Il Messaggero claims could now make use of the support of a Chinese partner. The relaunch by Cairo, underlines the Roman daily, should take place by adding a cash component upping the ante by at least a hundred million. Meanwhile, the signing of the closing on the restructuring of the RCS debt should arrive today.

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