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GEDI Gruppo Editoriale SpA (GEDI.MI)

GEDI.MI on Milan Stock Exchange

0.70EUR
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Telecom Italia says has received preliminary bids for Persidera unit
Thursday, 7 Dec 2017 11:42am EST 

Dec 7 (Reuters) - Telecom Italia says::PROCESS TO SELL PERSIDERA UNIT CURRENTLY IN THE DUE DILIGENCE PHASE.POTENTIAL SUITORS HAVE PRESENTED PRELIMINARY NON-BINDING OFFERS.SALE PROCESS STARTED IN OCTOBER WITH BARCLAYS AND LAZARD ACTING AS ADVISERS RESPECTIVELY FOR TIM (WHICH OWNS 70 PCT OF PERSIDERA) AND PUBLISHER GEDI (WHICH OWNS REMAINING 30 PCT).  Full Article

GEDI Gruppo Editoriale 9-month net result swings to loss of EUR 143.9 mln
Wednesday, 25 Oct 2017 10:11am EDT 

Oct 25 (Reuters) - GEDI GRUPPO EDITORIALE SPA ::9-MONTH REVENUE EUR ‍​440.0 MILLION VERSUS EUR 424.3 MILLION YEAR AGO.9-MONTH NET LOSS EUR ‍​143.9 MILLION VERSUS PROFIT EUR 14.0 MILLION YEAR AGO.WITHOUT CONSIDERING IMPACT OF SETTLEMENT OF TAX DISPUTE, IT SEES TO REPORT POSITIVE RESULT AT END OF 2017‍​.  Full Article

Gedi Gruppo Editoriale acquires 10% stake in‍ Radio Italia
Wednesday, 11 Oct 2017 09:14am EDT 

Oct 11 (Reuters) - GEDI GRUPPO EDITORIALE SPA :SAYS ACQUIRES 10% STAKE IN‍ RADIO ITALIA FROM MARIO VOLANTI​.  Full Article

GEDI to pay EUR 175.3 mln to settle FY 1991 tax dispute
Friday, 29 Sep 2017 11:53am EDT 

Sept 29 (Reuters) - GEDI GRUPPO EDITORIALE SPA ::‍BOARD RESOLVES TO SETTLE TAX DISPUTE CONCERNING 1991 FISCAL YEAR​.‍SETTLEMENT WILL ENTAIL FOR A PAYMENT OF EUR 175.3 MILLION​.‍SETTLEMENT PROFIT AND LOSS IMPACT WILL BE ABSORBED BY CURRENT AMOUNT OF COMPANY NET EQUITY RESERVES​.  Full Article

Gedi Gruppo Editoriale H1 net profit down at EUR 7.4 million
Wednesday, 26 Jul 2017 08:19am EDT 

July 26 (Reuters) - GEDI GRUPPO EDITORIALE SPA ::H1 REVENUE EUR 287.3 MILLION VERSUS EUR 292.9 MILLION YEAR AGO.H1 NET PROFIT EUR 7.4 MILLION VERSUS EUR 12.1 MILLION YEAR AGO.SEES POSITIVE RESULTS FOR END OF FY 2017 THANKS TO CONTAINMENT OF COSTS AMONG OTHERS‍​.  Full Article

GEDI Gruppo Editoriale: merger with ITEDI completed
Wednesday, 28 Jun 2017 02:56am EDT 

June 28(Reuters) - GEDI GRUPPO EDITORIALE SPA ::ANNOUNCED ON TUESDAY THAT THE MERGER OF THE BUSINESS WITH ITALIANA EDITRICE SPA (“ITEDI”) AND THE RELATED GROUP WAS FINALISED.THE OPERATION WAS COMPLETED AFTER THE SHARE CAPITAL INCREASE WAS CONCLUDED THROUGH STIPULATION OF A DEED TO TRANSFER TO GEDI THE EQUITY INVESTMENTS IN ITEDI HELD BY FIAT CHRYSLER AUTOMOBILES SPA (“FCA”) AND ITAL PRESS HOLDING SPA (“IPH”), EQUAL TO 77 PCT AND 23 PCT OF THE SHARE CAPITAL, RESPECTIVELY (THE “ITEDI SHARES”).FOLLOWING THIS INCREASE, CIR HOLDS 43.4% OF GEDI, WHILE THE SHAREHOLDERS OF ITEDI, FCA AND IPH, ARE ASSIGNED 14.63 PCT AND 4.37 PCT OF THE COMPANY’S SHARE CAPITAL, RESPECTIVELY.  Full Article

GEDI Gruppo Editoriale to start new shares issue
Monday, 26 Jun 2017 02:14am EDT 

June 26 (Reuters) - GEDI Gruppo Editoriale SpA ::SAID ON FRIDAY THAT CONSOB GRANTS AUTHORISATION TO PUBLISH PROSPECTUS FOR ADMISSION OF 96,651,191 ORDINARY GEDI SHARES FOR TRADING ON THE ITALIAN SCREEN-BASED TRADING CIRCUIT (MERCATO TELEMATICO AZIONARIO) .TO ISSUE 96,651,191 SHARES FOR TOTAL VALUE OF EUR 79,969,000, OF WHICH EUR 14,497,678.65 TO BE ASSIGNED TO SHARE CAPITAL AND EUR 65,471,321.35 AS SHARE PREMIUM.FOR 74,421,417 SHARES, THROUGH CONTRIBUTION BY FIAT CHRYSLER AUTOMOBILES NV OF THE EQUITY INVESTMENT HELD BY THE SAME IN ITALIANA EDITRICE SPA EQUAL TO 5,775,000 ORDINARY SHARES, CORRESPONDING TO 77 PCT OF SHARE CAPITAL.FOR 22,229,774 SHARES, THROUGH CONTRIBUTION ITAL PRESS HOLDING SPA OF THE EQUITY INVESTMENT HELD BY THE SAME IN ITEDI, EQUAL TO 1,725,000 ORDINARY SHARES, CORRESPONDING TO 23 PCT OF SHARE CAPITAL.ISSUE OF SHARES IS PLANNED TO OCCUR WITHIN FINAL DEADLINE OF 30 JUNE.  Full Article

Marco De Benedetti replaces Carlo De Benedetti as chairman of GEDI Gruppo Editoriale
Friday, 23 Jun 2017 09:44am EDT 

June 23 (Reuters) - GEDI GRUPPO EDITORIALE SPA ::MARCO DE BENEDETTI REPLACES CARLO DE BENEDETTI AS CHAIRMAN OF THE COMPANY.  Full Article

Gruppo Editoriale L'Espresso: company name change to Gedi Gruppo Editoriale registered
Monday, 8 May 2017 07:27am EDT 

May 8 (Reuters) - GRUPPO EDITORIALE L'ESPRESSO SPA ::CHANGE IN COMPANY NAME FROM GRUPPO EDITORIALE L'ESPRESSO TO GEDI GRUPPO EDITORIALE HAS BEEN REGISTERED WITH THE COMPANIES REGISTER OF ROME.  Full Article

Gruppo Editoriale L'Espresso Q1 net profit down at EUR 5.0 mln
Thursday, 27 Apr 2017 05:00am EDT 

April 27 (Reuters) - Gruppo Editoriale L'Espresso SpA ::Q1 net profit EUR 5.0 million ($5.45 million) versus EUR 6.1 million year ago.Q1 turnover EUR 136.4 million versus EUR 140.8 million year ago.For financial year 2017 there are no signs of an improvement in the trends that have been affecting the sector for some years.  Full Article