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Mediaset-Fininvest-Vivendi agreement after 5 years of conflict

2021-05-03T21:18:02.326Z

After five years of conflict, Mediaset, Fininvest and Vivendi have found a global agreement to put an end to their disputes, mutually renouncing all pending lawsuits and complaints. (HANDLE)



(ANSA) - MILAN, MAY 03 - After five years of conflict, Mediaset, Fininvest and Vivendi have found a global agreement to put an end to their disputes, reciprocally renouncing all pending lawsuits and complaints.

Vivendi has undertaken to sell on the market the entire 19.19% stake in Mediaset held by Simon Fiduciaria over a five-year period and Fininvest will have the right to purchase any unsold shares in each 12-month period, at the established annual price.

Vivendi will remain a shareholder of Mediaset with the residual stake of 4.61%.

(HANDLE).


Source: ansa

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