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Spanish court upholds suspension of Mediaset merger plan

Friday 31 July 2020 | 11:38 CET | News
A Spanish court has upheld the suspension of Mediaset's plan to merge its domestic and Spanish business into a Netherlands-based holding following a legal challenge from shareholder Vivendi. A Madrid commercial court temporarily suspended the merger in October, pending this final judgment, after Vivendi objected to the creation of the Media for Europe (MFE) holding on grounds that the new governance structure is designed to favour the broadcaster's biggest shareholder, 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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