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Rcs deals exclusively with Mondadori for the sale of books

The board of directors initiates a period of exclusivity for the sale of the book business. The group has also started another exclusive negotiation "with a leading financial operator" for the possible sale of 44,45% of Finelco, the holding company that controls Radio 105, Radio Monte Carlo and Virgin Radio.

Rcs deals exclusively with Mondadori for the sale of books

The Board of Directors of Rcs he proposed to Mondadori an exclusive negotiation period until May 29 to negotiate the possible sale of Rcs Books, while "reserving the right to make any consequent assessment on the merits". The publishing company announced it today. With this move, the group's management entrusts the final decision to the new board, which will take office at the meeting on 23 April.

But it's not over. Rcs has also started an exclusive negotiation “with a leading financial operator” for the possible sale of the 44,45% stake held in Finelchus, holding that controls radio 105, Radio Monte Carlo e Virgin Radio. According to a source close to the negotiations, it would be the fund Hourglass. RCS's stake in Finelco has been being sold for over a year.

At the beginning of the afternoon, RCS shares gained 1,7% to €1,20.

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