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Vivendi ups ante in Mediaset spat but talks ongoing - report

Friday 26 August 2016 | 08:21 CET | News
Vivendi and Mediaset are privately continuing partnership negotiations even though the French media conglomerate announced that the original deal to acquire 100 percent of the Italian broadcaster's pay-TV business could soon be void, according to unnamed sources cited by Reuters. "Talks are going on, despite appearances," said one of the sources, adding that "it's a crucial strategic alliance for both Vivendi and Mediaset." However, during the release of its half-yearly results, Vivendi asserted that the share-swap deal signed in April could be void after 30 September, in line with the

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