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Vivendi to vote against Mediaset restructure plan

August 22, 2019 10.14 Europe/London By Julian Clover

Vivendi has signalled its intention to vote down plans by Mediaset to restructure itself through a new Dutch holding company.

The Italian media giant wants to first merge its assets with those of its Spanish affiliate as the initial steps towards creating a European entity that other broadcasters would be invited to join.

Its advisor ISS is also against the scheme.

Vivendi, which has made plain its opposition to the Mediaset strategy, owns 19% in the company.

The vote is scheduled to take place on September 4.

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Filed Under: Finance, Newsline Tagged With: Mediaset, Vivendi Edited: 22 August 2019 10:14

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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