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Vivendi interested in Telefonica's Mediaset stake - report

Wednesday 10 September 2014 | 11:12 CET | News
Vivendi is interested in acquiring Telefonica's 11.1 percent stake in the pay-TV business of Italian broadcaster Mediaset, according to unnamed sources cited by Bloomberg. Telefonica acquired the stake in Mediaset Premium for EUR 100 million back in July, valuing the pay-TV unit at EUR 900 million. Subsequent reports in the Italian media revealed that Telefonica has an option to give back its 11 percent stake in Premium within six months from its entrance if another partner comes on board. In that regard, Mediaset's vice chairman Pier Silvio Berlusconi told Italian daily Corriere della Sera

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Categories: Broadcast & Satellite
Companies: GVT / Mediaset / Telecom Italia / Telefonica / Vivendi
Countries: Italy
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