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Gedi Moves to Sell Its Last Local Paper as National Asset Talks Face Government Scrutiny

Reports conflict on the buyer of La Sentinella del Canavese, with closing slated by January for a February 1 transfer.

Overview

  • Gedi has a reported preliminary agreement to transfer La Sentinella del Canavese, the group’s final local title, with effectiveness from February 1, 2026.
  • Accounts differ on the purchaser: Il Fatto Quotidiano cites Ledi s.r.l. of the Ladisa group, while Il Post reports the Fondazione Donata Carella; financial terms were not disclosed.
  • The Fondazione’s president, Vito Ladisa, signaled interest in further acquisitions to build an integrated media portfolio, according to Il Post.
  • Ledi’s parent previously managed La Gazzetta del Mezzogiorno on a temporary basis before halting publication and losing the subsequent bid for the title, Il Fatto reports.
  • In parallel, Gedi is in talks to sell national assets to Antenna Group as Undersecretary Alberto Barachini seeks assurances from chairman Theodore Kyriakou on jobs and editorial independence, with newsroom unions pressing for formal guarantees.