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Company type | Società per azioni |
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BIT: CAI | |
ISIN | IT0004329733 |
Founded | 1995 (as Cairo Pubblicità) |
Founder | Urbano Cairo |
Headquarters | Milan ,Italy |
Key people |
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Total assets | ![]() |
Total equity | ![]() |
Owner |
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Subsidiaries |
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Website | cairocommunication.it |
Footnotes / references in aconsolidated financial statement[1] |
Cairo Communication S.p.A. is an Italian media and publishing company based in Milan. The shares of the company float inBorsa Italiana.Urbano Cairo, via UT Communications, UT Belgium Holding, owned 50.101% stake of the company. In turn Cairo Communication owned 59.693% stake of fellow media companyRCS MediaGroup, which was acquired in 2016.
Urbano Cairo found a company Cairo Pubblicità in 1995, which wholesale advertisement space forRCS MediaGroup. In 1997 Cairo acquired a company which found in 1984, and renamed intoCairo Communication, as the holding company of his media empire. Cairo Communication acquiredLa7 in 2013 fromTelecom Italia.[2] In 2016 Cairo Communication acquired RCS MediaGroup by offering to buy the shares from the public market, which was more favor than the offer from the rival consortium.
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