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Vivendi-Mediaset fail to resolve merger feud

December 2, 2019 11.32 Europe/London By Julian Clover

A judge has granted a new hearing in Vivendi’s request to block the pan-European television project led by Mediaset.

On Friday, Mediaset announced that despite “strenuous efforts” attempts at a conciliation between the French and Italian companies had failed.

Plans for MediaforEurope, which would wrap Mediaset’s Italian and Spanish operations into a single Dutch held company, have become the focal point for the long-running dispute between Mediaset and Vivendi.

Earlier, Vivendi had offered to sell part of its 29% share in a bid to break the deadlock.

Mediaset says it will now move ahead with plans for an extraordinary meeting of the company’s shareholders.

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Filed Under: Finance, Newsline, Regulation Tagged With: MediaforEurope, Mediaset, Vivendi Edited: 3 December 2019 12:24

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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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