In a statement Vivendi has said that it “welcomes with great satisfaction the judgment pronounced today by the Court of Justice of the European Union and is delighted that the highest European legal authority today has ruled fully in its favour.”
According to the company, Vivendi has always acted in strict compliance with Italian law and was forced to defend its interests in court after Mediaset referred to the AGCom, in the sole desire to prevent Vivendi from participating in its Shareholders Meetings.
Mediaset, having thus unfairly called upon the Italian authorities, has used this obstruction to try and move its headquarters to the Netherlands, a plan blocked by both the Spanish and Dutch courts.
Being prohibited from voting on several occasions at Mediaset Shareholders Meetings caused the resolutions adopted following this exclusion to be illegal. This has placed Mediaset in a situation of severe legal uncertainty.
Vivendi also has said that ot “renews its commitment towards Italy and confirms its willingness to be a long-term investor in this beautiful country.”