Rcs, arbitrators give reason to blackstone: no irregularities in the sale of the seat

Rcs, arbitrators give reason to blackstone: no irregularities in the sale of the seat

There was no irregularity in the contract that brought rcs, in 2013, to sell the property of via solferino, historical center of the courier of the evening, to the American blackstone fund. This is what the arbitral tribunal of Milan has established in response to the dispute initiated by urban cairo, current majority shareholder of rcs, of which he is president and, against the American fund. Thus reject all requests for rcs, including compensation.

The costs of the proceedings, however, have been compensated between the parties as the award ‘was deliberated by a majority’: in favor they have voted rordorf and mariconda win, instead conqueror. There will therefore be no compensation from blackstone.