The publishing company of EL MUNDO repurchases the headquarters of Corriere della Sera after reaching an agreement with Blackstone

The publishing company of EL MUNDO,

has announced an agreement with the investment fund Blackstone and the real estate company Kryalos by which it repurchases the

of the Corriere della Sera newspaper on Via Solferino in Milan, which has occupied that building since 1876. RCS will pay 59.9 million for the property.

The three companies thus close the

and reciprocally waive any action.

RCS will acquire for a price of 59.9 million a part of the disputed office complex, specifically, that which corresponds to the historic headquarters of Via Solferino for Corriere della Sera.

In addition, it will compensate Blackstone with

for the fees it has incurred.

Urbano Cairo, President and CEO of RCS, expressed his satisfaction: "We are pleased to have reached an agreement with Kryalos and Blackstone on all pending litigation and to have the

Via Solferino headquarters building." .

For the publishing company of EL MUNDO, this is "extraordinary news" that sends a message of

because it allows Corriere to repurchase its historic headquarters after nine years.

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