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Vivendi-Mediaset to seal share swap deal this week - report

Wednesday 6 April 2016 | 09:15 CET | News
The legal advisers of French media group Vivendi and Italian commercial broadcaster Mediaset are meeting today to put the final touches on a share swap agreement of around 3.5 percent of capital, reports business daily Il Sole 24 Ore. The deal will also give Vivendi control of the Mediaset Premium pay-TV platform and should be sealed later this week when the respective boards meet, said the report, adding that Mediaset CEO Pier Silvio Berlusconi is likely to join Vivendi's board as part of the agreement. Previous reports have suggested that the aim of the Vivendi-Mediaset deal is to create an

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