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Mediaset calls for Agcom intervention as Vivendi ups stake

Wednesday 21 December 2016 | 09:03 CET | News
Mediaset has called for the intervention of Italian communications regulator Agcom to put a halt to the aggressive stake-building activities of French media giant Vivendi, which now owns over a quarter of the Italian broadcaster's shares. The French company announced that it owns 25.75 percent of Mediaset's share capital and 26.77 percent of the voting rights after disclosing its intention to increase its stake to 30 percent, the legal limit above which an investor is required to launch a takeover bid. Mediaset replied by asking Agcom to take "provisional and urgent measures" against

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Categories: Broadcast & Satellite
Companies: Agcom / Mediaset / Telecom Italia / Vivendi
Countries: Italy
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