Now the battle for Rcs travel to the final hold. After the relaunch announced last week by Urbano Cairo, the International Media Holding consortium – made up of Bonomi together with the historical shareholders Mediobanca, Della Valle, Pirelli and UnipolSai – has until next Friday to make a further proposal.
Cairo further adjusted the exchange rate from 0,16 to 0,17, abolishing the MAC clause (in exceptional cases, such as Brexit, it granted the possibility of withdrawing) and giving the OK to the loan agreement signed by RCS management with banks, provided they do not ask for reimbursement in the event of a change of control.
The publisher of La7 then announced over the weekend that he intends to achieve significant revenue development for RCS and an EBITDA of 140 million in 2017, which will then rise to 170 million in 2018, by putting his hand on the group's magazines.
"It is an area in which there is great potential - he told La Stampa - also because the RCS group's magazines have fallen more than the market has sunk in recent years".
The latest offer of Hmm, on the other hand, was 0,80 euro in cash for each RCS security and had been assessed as "fair" by the Rizzoli board, albeit in the low end of the value range indicated by the experts.
Also by next Friday, according to what has been learned, the two competing parties will have to communicate about the next octave, when the so-called "blind offers" will start before the deadline of 15 July.
Meanwhile, the market today it pushes Imh to raise, with the Rcs share trading at 0,8185 euro (+0,6%) at the end of the morning.
