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Home > Finance > Italian publisher Class Editori says won't sell majority stake

Finance

Italian publisher Class Editori says won't sell majority stake

Published by Global Banking and Finance Review

Posted on June 20, 2025

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ROME (Reuters) - Paolo Panerai, the founder and main shareholder of Italian publisher Class Editori said on Friday he had no intention of selling his majority stake in the company.

A Milan bourse filing on Thursday showed that Italian businessman Francesco Gaetano Caltagirone, who has been investing in the publisher, had accumulated a stake of more than 5%.

Panerai told reporters on the sidelines of an event in Milan on Friday that he saw no risk of a takeover of the company and replied "you must be joking", when asked if he intended to give up control.

(Reporting by Ciancarlo Navach, writing by Gavin Jones)

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