An Italian court ruled in favour of a petition filed by French media giant Viven...
) reorganisation plan, the two companies said on Saturday, though the decision will not be enough to scupper the deal.
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. It added that the ruling explicitly barred Simon Fiduciaria to take part to Mediaset’s Sept. 4 meeting, where its shareholders will be asked to approve the creation of a new Dutch holding company, dubbed Media for Europe , which will carry out a reverse takeover of Mediaset and Mediaset Espana .
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Salvini's power grab backfires as Italy inches toward new governmentMatteo Salvini, the anti-immigrant leader of the League party, had called for early elections in the hopes of enabling his party to govern alone.
Read more »
Steve Harvey Took Daughter To Italy To Get Her Away From Diddy, But He Followed Them?Did Steve Harvey take his daughter Lori on a trip to Italy to get her away from Sean 'Diddy' Combs, only for him to follow them overseas? That's the story in the tabloids.
Read more »
Spanish warship with migrants arrives in Spain after Italy rowA group of 15 rescued migrants arrived in Spain on board a Spanish warship on Fr...
Read more »
Arch-rivals in Italy bury the hatchet to thwart SalviniOnce considered enemies on different ends of the political spectrum, Italy’s Five Star Movement and the Democratic Party have come together to avoid an election populist Matteo Salvini was well placed to win.
Read more »