The fund manager Reade Griffith has acquired a minority stake in Mediaset España.
This, according to Reuters, has come after the latter’s parent company MediaForEurope, formerly known as Mediaset, launched a public takeover offer.
MediaForEurope currently owns a 56% stake in Mediaset España. Following the transaction, Griffith, who is the CIO of Polygon’s European event-driven fund and co-founder of Tetragon and head of its investment committee, now owns a 1.022% stake in Mediaset España.