Publishing: Antenna acquires 100% of Gedi, excluding La Stampa

Milan, 23 March (LaPresse) – K Group, owner of Antenna Group, an international group active in media, content production and entertainment, today announced the acquisition of 100% of GEDI Gruppo Editoriale from Exor, including the daily newspaper la Repubblica, the radio brands Radio Deejay, Radio Capital and m2o, together with HuffPost Italia, National Geographic Italia, Limes and the advertising agency Manzoni. The transaction does not include La Stampa, which – as GEDI recently announced – has been the subject of an agreement for sale to the SAE Group, together with its printing centre and the commercial network for local advertising sales. At the same time, an agreement is planned for the sale of Stardust, which is excluded from the scope of the transaction. With the acquisition of GEDI, Antenna “will strengthen a leading independent entity in the information and entertainment sector based in Italy, with a solid international presence and global appeal”.