Mediaset war intensifies as Vivendi builds stake

The battle between Vivendi and Mediaset has entered a new phase, with Vivendi revealing that it now owns 12.32% of the Italian media group and Mediaset’s owner Fininvest filing a complaint over what it views as “market manipulation” on the part of the French group. Vivendi announced yesterday that it had passed the 5% and […]

Mediaset furious as Vivendi takes ‘stealth’ stake

Mediaset has reacted furiously to what it sees as a hostile takeover attempt by stealth after Vivendi acquired a 3.01% stake in the Italian media group. After acquiring the stake without consulting Mediaset, Vivendi said it intended to continue to acquire the Italian group’s shares “until possibly becoming Mediaset’s second largest industrial shareholder, which, to […]