Mondadori: contract finalised for the sale to the Bertelsmann Group of 50% of the joint venture Random House Mondadori for €54.5 million

 

Arnoldo Mondadori Editore S.p.A. has announced that, following the receipt of authorization by the Spanish antitrust body, the details were finalised today based on the contract signed with Media Finance Holding (Bertelsmann Group) on 5 November. The said contract, which has already been communicated to the market, concerns the sale of 50% of the share capital of the Spanish registered company Random House Mondadori S.A..

The value of the transaction has been defined at a total of €54.5 million, including cash, which will have a positive impact on the consolidated income statement estimated at around €2.8 million.