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Vivendi has no plans to take over Mediaset - CEO

Monday 19 December 2016 | 09:23 CET | News
French media giant Vivendi has no plans to take over Mediaset even after aggressively building up a 20 percent stake in the Italian commercial broadcaster, according to Vivendi CEO Arnaud de Puyfontaine. "We have a long-term interest, we want to be an industrial partner," De Puyfontaine told Italian daily Corriere della Sera in an interview, adding that the company had the means to launch a takeover bid had it wanted to. The French company is now Mediaset's second largest shareholder, behind the Fininvest holding company of former Italian Prime Minister Silvio Berlusconi and his family, after

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