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Fiat SpA to Increase Stake in Rizzoli Corriere Della Sera Mediagroup SpA to 20.135%-Reuters


Thursday, 27 Jun 2013 08:00pm EDT 

Reuters reported that Fiat SpA announced that it has opted to buy more option rights in Rizzoli Corriere Della Sera Mediagroup SpA's (RCS) share capital increase than it committed itself to and will thus increase its stake in RCS to 20.135% from 10.497%, after recapitalization. On June 28, 2013 Fiat acquired on the regulated markets a further 10.7 million option rights which entitled Fiat to the subscription of 32.1 million ordinary RCS shares. At the conclusion of RCS' share capital increase and, if fully subscribed, the stake of Fiat will be equal to 20.135% in RCS. 

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19 Sep 2014