RCS, Cairo: “Never thought of climbing Mediaset”

RCS, Cairo: "Never thought of climbing Mediaset"

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“At a time when Silvio Berlusconi has passed away, the last thing I would have thought of was something like this. Even from a human point of view I would not have even remotely thought of it, it is neither in heaven nor on earth”.

So Urbano Cairo, president and CEO of Rcs Mediagroup, during the presentation of the new La7 schedule for the 2023/2024 season, answering a question about whether he had considered a Mediaset takeover.

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“Wanting to go into a technical detail – continued Cairo – I climbed RCS because it was scalable as there was a capital share of more than 50% on the market, I think around 60%, abundant, and it had become contestable. Mediaset did not is, wanting to get into a specific financial one. But the first thing is that I have never thought of such a thing, never in my life, while a person to whom I was linked was missing. And moreover it is not even possible”, underlined the manager .

Cairo said he was “astonished” by the fact that “the news that an Italian consortium was hypothesized” had appeared in the press, of which he would have been a member, with a role of adviser to Walter Veltroni: “It seems to me at least a rather shaky thing. I respect him and he is our editorialist, but I think he can do anything except the organizer or the conceiver of a project relating to an Italian consortium that is going to take Mediaset”, concluded Cairo, also saying that it would be “a nice thing meet again with Pier

Silvio Berlusconi, even simply to remember the past”.

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