Mediaset shareholders back dual share structure and name change to MFE

Friday 26 November 2021 | 10:14 CET | News
Italian commercial broadcaster Mediaset has officially changed its name to MFE-MediaForEurope and introduced a dual share structure after 94 percent of its shareholders backed the plans at an extraordinary meeting. Its subsidiaries Mediaset Italia and Mediaset Spain will retain their name under plans already approved by leading investors Vivendi and the Fininvest holding company of the Berlusconi family. The new dual share class structure means the nominal value of each B share will be 10 times the value of an A share, a move in part designed to provide greater flexibility to fund future M&A

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