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Mediaset to withdraw and re-file Dutch merger plan to avoid legal action

Wednesday 4 March 2020 | 09:15 CET | News
Italian broadcaster Mediaset said it intends to withdraw a plan to merge its Italian and Spanish units under a new Dutch holding company and re-file it "to avoid any pretext for umpteenth legal proceeding by Vivendi". Last month, Mediaset renamed the entity "MFE – MediaForEurope NV" and filed the new name with the Dutch Commercial Register. However, it has had to deal with various legal challenges brought by shareholder Vivendi, which is strongly opposed to the overhaul on the grounds that it favours the Fininvest investment vehicle of the Berlusconi family.

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