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Vivendi prepared to divest Mediaset stake at a premium - report

Monday 11 November 2019 | 10:12 CET | News
French media giant Vivendi is considering the possibility of divesting its 28.8 percent stake in Mediaset with a view to settling a longstanding conflict and allowing the Italian commercial broadcaster to merge with its Spanish subsidiary, according to unnamed sources cited by Il Sole 24 Ore. However, Vivendi would only be prepared to sell off its Mediaset stake at EUR 3.70 a share, some EUR 1 above current market prices, said the report.

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