An Italian court ruled in favor of a petition filed by French media giant Vivend...
) reorganization plan at the Italian group’s upcoming shareholders’ meeting, two sources said on Saturday.
The ruling only applies to the 9.9% stake Vivendi directly holds in Mediaset, the sources said, not enough to block Mediaset’s reorganization blueprint. Vivendi has been a hostile Mediaset shareholder since the tycoons who control them, Vincent Bollore and former Italian prime minister Silvio Berlusconi, fell out in 2016 over an aborted pay TV deal. They have been in a legal war ever since.
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