Origins In 2009, the group L'Espresso created an
online advertising consortium with
RCS MediaGroup. In March 2016, the Italiana Editrice (owner of
La Stampa and controlled by
FCA) merged with L'Espresso group (owner of
la Repubblica) to create the leading Italian group in print and online information. As a result
CIR (owned by the Benedetti family) remained the majority shareholder, with FCA and Carlo Perrone as minority shareholders.
Name change In May 2017, the group changed its names from to
GEDI Gruppo Editoriale. In July 2017, FCA distributed its stake to shareholders, making the
Agnelli Family (through
Exor) minority shareholders with a 4.26% stake. In December 2019, the board of CIR accepted
Exor's offer to buy its 43.78% stake in GEDI. This operation restored the Agnelli family to
majority ownership of
La Stampa, which they had already controlled from 1926 to 2016, through
FIAT (then FCA). Following a
tender offer, GEDI is 100% controlled by Giano Holding Spa, which is in turn controlled by
Exor (90% stake). After Giano bought all shares of GEDI, the company was
delisted from the
Borsa Italiana. Compagnie Industriali Riunite and Carlo Perrone own a minority share in Giano, 5% each. ==Description==