It is never too late to think about your own succession. And although the children of Silvio Berlusconi and of Veronica Lario are still very young, they have shown that they are foresight, and he explains Italy Today, have begun to prepare the future for their heirs. The first was Luigi Berlusconi, the couple’s third child, who a few days ago went to the notary Mario Notari in Milan as president of H14, a company that controls equally with 33,3% together with the sisters Barbara ed Eleonora and which holds the 21,4% of Fininvest.
“The extraordinary assembly approved the adoption of a new statute – he writes Andrea Giacobino on the financial newspaper – while the duration of the company was changed from 31 December 2050 to 31 December 2100 “. The most important statutory amendment introduces 4 categories of shares A, B, C and D.” converting the 1.04 million current shares ordinary shares for 977,000 600 shares in A shares (capable of being held only by current shareholders, by descendants who have reached the age of 25, by companies controlled by current shareholders or by descendants, ed) and for the remaining 62 thousand 400 shares in D.
The latter, on the other hand, are “capable of being held only by subjects other than those who can hold the A, B and C”, while the B can be held “only by descendants who have not reached the age of 25 or from companies controlled by them “and C shares” only, following purchase cause of death, by subjects other than current shareholders, descendants or companies controlled by them “.