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Mediaset may exclude Vivendi from voting at new Dutch holding company

Thursday 20 June 2019 | 09:54 CET | News
Mediaset may exclude hostile shareholder Vivendi from voting at the shareholder meetings of a new Netherlands-based TV company the Italian broadcaster is setting up, reports Reuters. A long-running legal dispute between the two companies has yet to be resolved, with Mediaset applying for damages of EUR 3 billion from Vivendi following the French media giant's decision to pull out of a deal to acquire the Mediaset Premium pay-TV unit in 2016. The Italian broadcaster is also looking to have Vivendi's subsequent acquisition of a 28.8 percent stake declared illegal.

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Categories: Broadcast & Satellite
Companies: Mediaset / Vivendi
Countries: Italy
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