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Vivendi transfers Mediaset stake to trust

April 12, 2018 11.48 Europe/London By Julian Clover

Vivendi has put its 19.19% stake in the Italian media giant Mediaset into a trust, communications regulator Agcom said Wednesday.

It means the French company now has a direct hold of less than 10% of the voting rights in the broadcaster.

Last year, Agcom ruled Vivendi violated Italy’s media antitrust law by building up controlling stakes in broadcaster Mediaset and telecom operator Telecom Italia Media.

It was given a year to address the matter.

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Filed Under: Newsline Tagged With: Mediaset, Vivendi Edited: 12 April 2018 11:48

About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com.

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