Mondadori announces completed disposal to Reworld Media of Grazia and Icon brands

On 10 January 2023 the Mondadori Group announced the execution by the subsidiary Mondadori Media of the contract for the disposal to Reworld Media– signed last 22 November and disclosed to the market on the same date – of the print and digital publishing operations of the Grazia and Icon brands, as well as the related international licensing network.

The execution of the transaction took place with the transfer of the business unit heading the operations disposed of to a newly-incorporated company and the concurrent disposal to Reworld Media of 100% of the share capital of the transferee.