Monday, February 14, 2011

Dada.net, Barberis leaves and growing share of RCS

In a press release issued in the past few hours, Dada. net has confirmed a number of major innovations and changes that the web company will suffer in the near future. First missions are confirmed by CEO Paolo Barberis, Chairman, but also the founder of the group. The basis of this decision there would be differences between the founder of the group, about the strategic vision that should have taken the company in the near future.

Following this resignation, Barberis was then announced that he had sold the shares it owns 630mila, bringing its stake to below 2% of the capital. Purchase his stake was the RCS, which as a result of this operation has increased its share from 50.74% to 54.63%, thus in effect denying rumors that they wanted the group wants to sell his shares in Dada.

The company, according to data released by the same Board, saw revenue drop last year to 151.5 million against 155.1 registered in 2009. The operating margin is estimated at 14.6 million, compared with 20.5 in 2009. Following these resignations the Board of Directors of the Florence-based company has decided on a development of Dada.

net. To achieve this aim has granted an exclusive agreement Buongiorno SpA 45 days to finalize due diligence and the sale of shares.

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