The story
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.
In March 2026, the K Group that owns Antenna Group, announced the acquisition of 100% of the GEDI Gruppo Editoriale from Exor, including the newspaper la Repubblica. The head of the Antenna Group (Greece's biggest media company), media magnate Theodore Kyriakou bid to purchase GEDI with funds partially financed by Saudi Arabia's sovereign wealth fund, which is controlled by Saudi Crown Prince Mohammed bin Salman. A report in 2021 noted that Saudi Crown Prince Mohammed bin Salman ordered the killing of journalist Jamal Khashoggi.
Name change
In May 2017, the group changed its names from Gruppo Editoriale L'Espresso 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 was 100% controlled by Giano Holding Spa, which was 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.
From Wikipedia’s article on GEDI Gruppo Editoriale, shared under CC BY-SA 4.0.5