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General

Vivendi may 'freeze' part of its Mediaset stake - report

Thursday 15 June 2017 | 11:03 CET | News
French media giant Vivendi may end up transferring up to 18.8 percent of its stake in Italian commercial broadcaster Mediaset into a trust to surmount the competition concerns of communications Agcom, according to unnamed sources cited by business daily Il Sole 24 Ore. The transfer of part of Vivendi's near 30 percent stake in Mediaset would be a means of sterilising the shareholding ahead of a sale, said the report. Agcom would also require the French company to cap its voting rights in Mediaset to comply with its April order to reduce its stake in the broadcaster or Telecom Italia within 12

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