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Vivendi is not ordered to compensate Mediaset

2021-04-20T20:55:06.161Z

The Italian group claimed 3 billion euros. The judge grants him only 1.7 million.



After more than four years of judicial guerrilla warfare between Vivendi and Mediaset, the Milan court dismissed at first instance two of the three appeals brought by the Italian group against the French.

The Berlusconi family requested a total of 3 billion euros in compensation, the judge only granted him 1.7 million.

Read also:

Yannick Bolloré: "It's time to invest and make Vivendi a world champion"

In July 2016, Vivendi decided not to follow up on the contract signed on April 6 between Vincent Bolloré and Silvio Berlusconi in which it agreed to take over its Mediaset Premium pay TV, in exchange for 3.5% of Vivendi's shares.

Its president Arnaud de Puyfontaine then declared

"to have bought a Ferrari, but instead it was a Punto"

, as revealed by the

"due diligence"

of Deloitte.

The denunciation of the agreement causes prejudice to Mediaset, which the Berlusconi family estimates at 730 million.

If the judge did recognize the breach of the contract and the creation of damage, he estimated it only at 1.7 million.

In December 2016, Vivendi took advantage of

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Source: lefigaro

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