Republic, does Gedi of Elkann sell or sell off?
The Gedi Group (Exor) has reached an agreement with Athesis for the sale of the "Gazzetta di Mantova". All the details from the Professione Reporter website
The Gedi Group sells another piece. The dismantling of the editorial battleship commissioned by Carlo Caracciolo is almost complete. A preliminary agreement was signed with the Athesis Group ( Arena di Verona , Giornale di Vicenza and Brescia Oggi ) for the sale of the Gazzetta di Mantova , with related digital activities and advertising sales. The completion of the sale is expected to take place by November 2023.
In a press release, the Editorial Committee of the Gazzetta di Mantova states that the sale "represents a crucial moment for the future of our newspaper and, consequently, for the work of journalists and all the staff who contribute daily to guaranteeing the editorial quality of this masthead, the oldest in Italy. We invite all the parties involved in the negotiation, Gedi and Athesis, to take adequate consideration of the importance of protecting employment, the editorial heritage and the value of the professionals who work in the editorial staff of the Gazzetta di Mantova. We are aware that this transitional period could present challenges, but we are confident that by working together with a serious, consolidated editorial group with a strong local experience close to our reality, we can reach a fair and balanced solution that safeguards work, the values and centenary heritage of our magazine. And, above all, the foundations can be laid for a future in which the Gazzetta di Mantova is still central to the life of the community that has been providing continuous information since 1664".
The Gedi Group was acquired by John Elkann 's Exor at the end of 2019. In October 2020, the group announced the agreement for the sale of the local newspapers Il Tirreno, La Gazzetta di Modena, la Gazzetta di Reggio and Nuova Ferrara to Sae Group, represented by the entrepreneur from Abruzzo Alberto Leonardis. In December 2020, Gedi announced the cessation of publication of the bi-monthly Micromega magazine. In November 2021 , La Nuova Sardegna was also sold to Sae.
In March 2022 Gedi sold the weekly L'Espresso to Bfc Media, which belongs to the entrepreneur from Campania Danilo Iervolino […]. Il Messaggero Veneto, Il Piccolo di Trieste, Il Mattino di Padova, La Tribuna di Treviso, La Nuova Venezia and Mestre, Il Corriere delle Alpi are for sale to a consortium led by Banca Finint.
Now the Republic, La Stampa, Il Secolo XIX, La Provincia Pavese, Sentinella del Canavese, Radio Capital, Huffington Post and Times remain in the group.
(Excerpt from the Professione Reporter website)
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/gruppo-gedi-vendita-gazzetta-di-mantova/ on Sun, 06 Aug 2023 06:22:37 +0000.