By Kim Richters
Exor NV said Tuesday that its holding company Giano Holding SpA now has 92.03% of share capital in GEDI Gruppo Editoriale SpA.
Exor, the Agnelli family's holding company, said it increased its stake in the Italian publisher after a mandatory tender offer on all the ordinary shares of GEDI ended.
The offer of 0.46 euros ($0.52) a share will be paid on Monday to shareholders and the requirement for GEDI's delisting was met, Exor said.
Exor in December had agreed to buy a controlling stake in the company--which publishes Italian dailies La Repubblica and La Stampa--from CIR SpA - Compagnie Industriali Riunite.
Write to Kim Richters at kim.richters@wsj.com