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Vivendi second largest Mediaset shareholder with 20% stake

Thursday 15 December 2016 | 08:38 CET | News
French media giant Vivendi has announced that it now owns 20 percent of Mediaset just two days after it acquired a 3 percent stake in the Italian commercial broadcaster. 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, and has proceeded to aggressively build up its stake in spite of claims by Fininvest that it's attempting a hostile takeover attempt. A judicial source told Reuters that Milan prosecutors have already opened a preliminary investigation into the alleged market

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