MediaForEurope


Vivendi brings focus to legal battle with Mediaset

Following its Spanish court victory at the end of last week, Vivendi this week followed up by withdrawing the complaint it filed against Mediaset in the Netherlands and concentrate on its other legal moves against the Italian broadcaster. The Spanish ruling effectively put Mediaset’s plans to create a new Dutch-based holding company on ice. Vivendi, […]

Vivendi secures Spanish court victory in battle with Mediaset

Vivendi has secured a victory in its battle to stop Mediaset’s plan to create a new Europe-wide holding company merging the Italian broadcaster with Mediaset España, with a Spanish court making a preliminary ruling suspending the process. The commercial court in Madrid has suspended the decisions taken at the Mediaset España extraordinary shareholders’ meeting on […]

Mediaset completes withdrawal rights count

Mediaset has completed the count of shareholders intending to exercise withdrawal rights ahead of its planned merger with Mediaset España and creating of a new Dutch-registered holding company, MediaForEurope (MFE). Mediset said that withdrawal rights had been exercised for 492,691 shares, or 0.0417% of the total outstanding sharehs in the omcpany, meanting that the shares […]

Mediaset sees revenues slide and profits rise, marks progress on MFE

Mediaset has posted increased profits on reduced revenues in the first half, with the top line hit by the loss of pay TV revenues from Mediaset Premium and lower advertising sales in both Italy and Spain. Costs were also down due to the absence of the 2018 World Cup and the loss of football rights […]

Berenberg: Mediaset investors likely to stick around for MFE deal

Mediaset shareholders are likely to accept conversion of their shares into stakes in the new MediaForEurope (MFE) organisation that will combine Mediaset and Mediaset Espana, even if they chose to retain an option to exercise withdrawal rights that would enable them to cash out before completion, according to analysts at Berenberg. Berenberg’s analysts, who have […]

Mediaset secures green light from shareholders for Europe plan

Mediaset has secured a green light from shareholders for its creation of a new holding company, MediaForEurope, and its merger with Mediaset España.  Seventy-eight per cent of shareholders present approved the proposal, with 21% opposing. The majority easily surpassed the two thirds required for approval of the deal. The merger was strongly opposed by Mediaset […]

Mediaset unveils voting share allocation for MediaForEurope

Mediaset has announced the proportion of special voting shares that will be allocated to its shareholders Fininvest – the vehicle of the Berlusconi family – and Vivendi under the terms of the planned merger between Mediaset and Mediaset España within a new Netherlands-based holding company, MediaForEurope. Under the terms of the proposed merger agreement, special […]

Vivendi takes legal action to preserve right to vote against MediaForEurope plan

Vivendi has confirmed that it plans to vote against the planned merger of Mediaset into a new MediaForEurope (MFE) holding company along with Mediaset España. The French media group has also filed a request with the Court of Milan to issue an urgent order aimed at preserving its right to both attend Mediaset’s planned EGM […]

Mediaset takes MediaForEurope battle with Vivendi to regulator

Mediaset has taken its battle with shareholder Vivendi to Italian markets regulator CONSOB with a complaint that the French media giant was attempting to manipulate Mediaset’s share price downwards. Mediaset referred specifically to a report published by Bloomberg this week, citing unnamed sources, that indicated that Vivendi was prepared to vote against the Italian media […]

Mediaset faces Vivendi and ISS opposition to merger plan

Mediaset is facing shareholder opposition to its plans to merge with its Spanish offshoot and create a new pan-European holding company based in the Netherlands, with Vivendi and proxy advisory firm ISS indicating they will oppose the proposal. Mediaset shareholders are set to meet on September 4 to vote on the plan to create the […]