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General

Mediaset denies interest in acquiring Tiscali

Wednesday 26 November 2014 | 10:06 CET | News
Italian broadcaster Mediaset has denied press reports that the company is interested in acquiring broadband operator Tiscali. Shares in Tiscali have soared by up over 30 percent in the past two days in response to speculation of an imminent takeover. However, in a brief statement Mediaset said it had no connection with the operator's share performance. "With regard to press rumours linking Mediaset to the recent performance of the share price of Tiscali, the company denies that it has any specific interest in the operator," said Mediaset. Instead, the broadcaster confirmed it had begun

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Categories: General
Companies: Mediaset / Tiscali
Countries: Italy
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