Vivendi


Italian court hearing pushed back as Vivendi acts on exclusion of Simon Fiduciaria from EGM

The Milan court considering Vivendi’s case against Mediaset over the latter’s plans to create a new pan-European holding company housing its merged Italian and Spanish arms has pushed back its hearing to February 1 after the French media giant took further legal action to have the resolutions voted for at Mediaset’s recent EGM suspended. Vivendi […]

Vivendi seeks injunction from Dutch court to block Mediaset merger

In the latest twist in its ongoing conflict with Mediaset, Vivendi has asked a Dutch court for an injunction, Mediaset has said.  In a release, the Berlusconi-controlled company said that Vivendi has turned to the court in an attempt to block the merger between its Italian and Spanish units into a Dutch company called MediaForEurope. […]

Vivendi and Mediaset trade accusations in wake of controversial EGM

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 bars Simon Fiduciaria from EGM after court rules against Vivendi

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 in legal move to unblock voting rights ahead of Mediaset EGM

Vivendi has asked an Italian regional administrative court (TAR) to unblock voting rights on the two thirds of its stake in Mediaset held by a trust ahead of Mediaset’s crucial shareholders’ EGM on Friday. The French media outfit last week asked the TAR to suspend a ruling by regulator AGCOM that prevents it from exercising […]

Tencent to take 10% stake in Vivendi’s music arm, with more likely

French media giant Vivendi has signed its deal with a consortium led by China’s Tencent giving the latter a 10% stake in Vivendi’s most successful operating unit, Universal Music Group (UMG). The deal, which gives UMG a total enterprise value of €30 billion, also gives the consortium an option to acquire an additional stake of […]

All eyes on Mediaset EGM as court sets new date in MediaForEurope dispute

The Milan judge considering Vivendi’s case against Mediaset’s merger of its Italian and Spanish arms under a new Dutch holding company has pushed back the case to a new hearing scheduled for January 21, after Mediaset’s planned EGM votes on changes to the structure of the new company. The decision effectively suspends the creating of […]

Milan Court may look again at Vivendi-Mediaset dispute

The Milan court that last week considered the ongoing dispute between Vivendi and Mediaset has reserved the right to decide on Vivendi’s case at a later date, with the possibility of another hearing soon or possibly after Mediaset’s planned EGM on January 10, according to local reports.  Judge Elena Crugnola has reserved the right to […]

Vivendi and Mediaset fail to strike deal

Vivendi and Mediaset failed to strike an deal on Friday following over a week of speculation that the pair were close to an agreement that would have seen Vivendi sell the stake in the Italian broadcaster that it holds indirectly through a trust arrangement. Mediaset said that “despite strenuous efforts”, attempts at a reconciliation between […]

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