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Dense sales on the Cairo Communication (-8.14%) and RCS (-7.30%) securities which are affected by the decision of the arbitration award that rejected RCS’s requests against the US fund Blackstone, which will not have to pay any compensation to the publishing group in relation to the sale of the building in via Solferino, the historic headquarters of Corriere della Sera.
A decision that risks costing RCS and its publisher Cairo dear. In fact, in New York there is a request for damages from Blackstone against the publishing company of 300 million in addition to another 300 million requested by the US fund from the president and Urbano Cairo.