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General

Vivendi transfers majority of Mediaset stake into trust

Thursday 12 April 2018 | 08:38 CET | News
French media giant Vivendi has informed Italy's communications regulator Agcom that it transferred 19.19 percent of its stake in broadcaster Mediaset into a trust on 06 April with a view to complying with Italian antitrust regulations. In April 2017, the watchdog ordered Vivendi to reduce its stake in either Mediaset or Telecom Italia (TIM) to below 10 percent after ruling that by holding both it was infringing anti-trust rules intended to prevent a concentration of power in the country's communications sector.

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