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Cairo Communication SpA (CAI.MI)

CAI.MI on Milan Stock Exchange

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24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Cairo Communication 9-month total revenue rises to EUR 248.6 mln
Monday, 14 Nov 2016 10:37am EST 

Cairo Communication SpA : 9-month net profit 5.0 million euros ($5.36 million) versus 6.6 million euros a year ago . 9-month current operations net profit at 6.3 million euros .9-month total revenue 248.6 million euros versus 169.1 million euros a year ago.  Full Article

Cairo Communication H1 net profit down at EUR 4.0 mln
Wednesday, 3 Aug 2016 08:05am EDT 

Cairo Communication SpA : H1 revenues 129.4 million euros ($144.81 million) versus 127.4 million euros a year ago . H1 total revenues .H1 net profit 4.0 million euros versus 5.5 million euros a year ago.  Full Article

Cairo Communication reaches 60 pct stake in RCS MediaGroup
Thursday, 28 Jul 2016 12:54pm EDT 

Cairo Communication:has 59.7 percent of RCS MediaGroup at end of takeover of Italian publisher, according to data released by the Milan bourse.  Full Article

Italy's RCS creditor banks give up reimbursement option
Friday, 22 Jul 2016 01:02am EDT 

Italy's Cairo Communication says:All the banks financing RCS MediaGroup will give up their option to request advanced reimbursement of debt after the change of control at Milan-based publisher RCS.  Full Article

Italy market regulator asked to check regularity of Cairo bid on RCS
Thursday, 21 Jul 2016 06:23am EDT 

Italian publisher RCS MediaGroup:A group of existing RCS investors and Investindustrial that lost the battle to gain control of RCS have asked Italy's market regulator to check the regularity of the winning rival bid by Cairo Communication.  Full Article

Cairo to buy back 5 pct of own company if RCS bid succeeds
Tuesday, 12 Jul 2016 07:00am EDT 

Cairo Communication Chairman Urbano Cairo says: To immediately buy back 5 percent of Cairo Communication through reverse accelerated bookbuilding in order to avoid dilution if offer on RCS Mediagroup successful Further company coverage: [CAI.MI] [RCSM.MI] (Reporting by Milan Newsroom).  Full Article

Cairo Communication to get revolving loan facility of EUR 140 mln
Monday, 11 Jul 2016 01:07am EDT 

Cairo Communication SpA : Obtains revolving loan facility of 140 million euros ($154.59 million) from Intesa Sanpaolo SpA in relation to its tender and share-swap offer on RCS Mediagroup SpA shares .Financing agreement to be signed in time for the payment of the tender and share-swap offer.  Full Article

Cairo Communication relaunches tender offer for RCS Mediagroup
Monday, 4 Jul 2016 03:09am EDT 

Cairo Communication SpA : Said on Friday that it relaunches its share-swap offer for RCS Mediagroup . To pay 0.17 Cairo Communication shares per each RCS Mediagroup share tendered .Cancels the condition precedent related to a moratorium on RCS Mediagroup debt.  Full Article

RCS board says Investindustrial takeover bid "adequate"
Friday, 1 Jul 2016 12:30pm EDT 

RCS MediaGroup says:Board considers that takeover bid launched by Investindustrial, RCS investors falls within an adequate valuation range, even though it is at the lower end of said range.  Full Article

Market watchdog approves prospectus for Investindustrial bid on RCS
Friday, 10 Jun 2016 01:40pm EDT 

: Italy market watchdog Consob says gives its green light to the prospectus of a takeover bid on RCS MediaGroup by Investindustrial and some RCS investors .Takeover bid by Investindustrial and some RCS investors on the Italian publisher to run from June 20 to July 15.  Full Article

More From Around the Web

BRIEF-Cairo Communication 9-month total revenue rises to EUR 248.6 mln

* 9-month net profit 5.0 million euros ($5.36 million) versus 6.6 million euros a year ago