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General

Vivendi close to agreeing deal to cut stake in Italy's Mediaset - report

Friday 8 September 2017 | 10:33 CET | News
French media giant Vivendi is nearing a preliminary deal with Italy's communications regulator Agcom on reducing its stake in broadcaster Mediaset, according to two unnamed sources cited by Reuters. In April the watchdog ordered Vivendi reduce its stake in either Mediaset or Telecom Italia (TIM) to below 10 percent after ruling that by holding both it was infringing anti-trust rules intended to prevent a concentration of power in the country's communications sector. The French company has reached a preliminary agreement with Agcom, which has to be approved by the regulator's board of

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Categories: General
Companies: Mediaset / Telecom Italia / TIM / Vivendi
Countries: Italy
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