French media group Vivendi has asked to meet top executives at Mediaset to start talks over a possible deal to end a long-running row with the ...
French media group Vivendi has asked to meet top executives at Mediaset to start talks over a possible deal to end a long-running row with the Italian broadcaster, three sources with knowledge of the matter said on Tuesday.11 Aug 2020 08:40PMMILAN: French media group Vivendi has asked to meet top executives at Mediaset to start talks over a possible deal to end a long-running row with the Italian broadcaster, three sources with knowledge of the matter said on Tuesday.
Over the last four years Mediaset - controlled by the family of former Prime Minister Silvio Berlusconi - and the French media group have been embroiled in a legal battle which stemmed from a failed pay-TV sale.The row intensified last year when Mediaset approved a plan to merge its Italian and Spanish businesses under a Dutch holding company, through which it wants to build pan-European alliances.
But opposition from Vivendi, which says the holding's governance structure would strengthen the Berlusconis' grip over the group, led to the project being suspended by a Madrid court.
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