Cairo Communication
Native name | Cairo Communication S.p.A. |
|---|---|
| Società per Azioni | |
| Traded as | BIT: CAI |
| ISIN | IT0004329733 |
| Founded | 1995 (as Cairo Pubblicità) |
| Founder | Urbano Cairo |
| Headquarters | Milan, Italy |
Key people |
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| Profit |
 €11.053 million (2015) |
| Total assets |
€285.805 million (2015) |
| Total equity |
€116.196 million (2015) |
| Owner |
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| Subsidiaries |
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| Website | cairocommunication.it |
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Footnotes / references in a consolidated basis[1] | |
Cairo Communication S.p.A. is an Italian media and publication company based in Milan. The shares of the company float in Borsa Italiana. Urbano Cairo, via UT Communications, UT Belgium Holding, owned 50.101% stake of the company. In turn Cairo Communication owned 59.693% stake of fellow media company RCS MediaGroup, which was acquired in 2016.
History
Urbano Cairo found a company Cairo Pubblicità in 1995, which wholesale advertisement space for RCS MediaGroup. In 1997 Cairo acquired a company which found in 1984, and renamed into Cairo Communication, as the holding company of his media empire. Cairo Communication acquired La7 in 2013 from Telecom Italia.[2] In 2016 Cairo Communication acquired RCS MediaGroup by offering to buy the shares from the public market, which was more favor than the offer from the rival consortium.
Publications
- Cairo Editore
- Editoriale Giorgio Mondadori
References
- ↑ "Relazione finanziaria annuale al 31 dicembre 2015" [Financial Annual Report at 31 December 2015] (PDF) (in Italian). Cairo Communication. 26 April 2016. Retrieved 28 September 2016.
- ↑ Fabio Pavesi (29 April 2016). "Ecco chi è Urbano Cairo, l'uomo che vuole comprarsi il Corriere della Sera". Il Sole 24 Ore. Retrieved 29 April 2016.