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RCS MediaGroup Announces Partial Demerger Plans

RCS MediaGroup Announces Partial Demerger Plans

RCS MediaGroup S.p.A. (IT:RCS) has released an update.

RCS MediaGroup S.p.A. has filed a partial demerger project to spin-off into RCS Sports & Events S.r.l., with the approval process set to involve the Board of Directors and potentially an Extraordinary Shareholders’ Meeting. The demerger project details and financial statements are now publicly accessible.

For further insights into IT:RCS stock, check out TipRanks’ Stock Analysis page.

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