Exor raises stake in Italian publisher GEDI to over 90%
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(Reuters) - The Agnelli family's investment holding company, Exor NV , said on Tuesday it now has a 92.03% stake in GEDI Gruppo Editoriale S.p.A. following a mandatory tender offer for the remaining shares of the Italian publisher.Shareholders of GEDI will be paid 0.46 euro per share on July 6, 2020, Exor said in a statement with preliminary results of the mandatory offer that ended on Tuesday. GEDI shares would be delisted following the deal.Exor in December had agreed to buy a 43.78%..