RCS says takeover of MFE is out of question - CEO

Rizzoli Corriere Della Sera Mediagroup SpA

11/07/2023 11:05

MILAN, July 11 (Reuters) - The chief executive of
publishing company RCS MediaGroup  RCSM.MI  on Tuesday ruled out
a takeover attempt of top commercial broadcaster
MFE-MediaForEurope  MFEB.MI , controlled by the Berlusconi
family.
    "Something like that is the last thing that I would have
thought of. It's something that is really out of the question,"
RCS CEO Urbano Cairo told a press conference. The future of MFE
has come into focus after the death of founder Silvio Berlusconi
last month.
  

 (Reporting by Giancarlo Navach, writing by Federica Urso,
editing by Keith Weir)
 ((federica.urso@tr.com))