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Vivendi files Italian court action against Mediaset merger plan

Wednesday 16 October 2019 | 09:12 CET | News
Vivendi has filed a court action in Italy requesting the suspension of Mediaset's plans to merge its Italian and Spanish units into the Netherlands-based holding company Media for Europe (MFE), In a statement, the Italian broadcaster said Vivendi, Mediaset's second largest shareholder, had brought legal proceedings asking a Milan court to issue a preliminary suspension of the corporate overhaul plan, with the hearing set to be heard on 30 October. Separately, Mediaset said the French group has dropped summary proceedings filed in an Amsterdam court against the plan.

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