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Espresso Group: sale of publisher of “Alto Adige” and “Trentino”

Gruppo Espresso announces that an agreement has been reached for the sale by Finegil of the entire 71% interest that it holds in Seta SpA, the publisher of “Alto Adige” and “Trentino”, to Athesia SpA, which is part of the group that controls the daily newspaper Dolomiten. This deal, as was the case for “il Centro” and “la Città di Salerno”, is part of the deconsolidation plan to comply with the circulation thresholds laid down by current legislation, in view of the future merger with la Stampa and Il Secolo XIX. The Espresso Group would like to thank all the staff of the publisher Seta for the important work that they have done over the years and hopes that they will continue to be successful following the excellent tradition of the two prestigious titles.

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12 October 2016 | 17:07 CEST