Vivendi has accused Mediaset of an “unlawful refusal” to allow a key shareholder to vote in a crucial EGM on Friday and has said the Mediaset board has placed the company in “a situation of serious legal uncertainty” after ignoring an opinion on the case from the EU Court of Justice’s advocate general. The shareholders […]
Mediaset has barred Simon Fiduciaria, holder of a 19.19% stake in the company, from attending a crucial EGM today after the Lazio regional administrative court (TAR) rejected an appeal by Vivendi to overturn Italian regulator AGCOM’s ruling preventing it from exercising voting rights held in trust through the outfit. Mediaset said that its board and […]
Vivendi has accused Mediaset’s board of “dragging their company into serious litigation” after the Italian media group denied Simon Fiduciaria, the trust that holds the bulk of Mediaset shares purchased by Vivendi, the right to vote in a crucial shareholders meeting. Mediaset’s decision to bar Simon Fiduciaria from attending yesterday’s EGM ensured that its 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 […]
Italian broadcast giant Mediaset has seen off a court challenge that it had interpreted a s a move to strengthen one-time putative partner and now arch-enemy Vivendi’s influence in the group. Mediaset hailed a decision by the Milan Court to reject shareholder Simon Fiducaria’s claim against on order issued on November 25. Mediaset had excluded […]
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