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Mediaset invests in Italy's leading radio group

Wednesday 16 September 2015 | 14:07 CET | News
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Italian commercial broadcaster Mediaset announced an agreement with the group that controls Italian radio stations Radio 105, Radio Monte Carlo and Virgin Radio with a view to developing its activities in the radio sector. The company bought shares with voting rights corresponding to a 19 percent stake in the share capital of RB1 Spa which, together with the original founders, controls 92.8 percent of the Finelco Group. Mediaset also acquired non-voting shares in RB1, corresponding to 50 percent of the share capital. The company said its investment in Italy's leading radio group - with a

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Categories: Broadcast & Satellite
Companies: Mediaset
Countries: Italy
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