|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||3.057 - 3.057|
|52 Week Range||2.229 - 4.590|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Italian broadcaster Mediaset's (MS.MI) directors proposed on Friday a change in the size of its board and in the way its members are appointed, in a move that could restrict French shareholder Vivendi's (VIV.PA) influence. The Milan-based group, owned by the family of former prime minister Silvio Berlusconi, is suing Vivendi in court after the French media giant last year backtracked on a deal to buy Mediaset's Italian pay-TV unit Premium. The rift between the two groups deepened when Vivendi became Mediaset's second largest shareholder in December last year after quickly amassing a stake of 28.8 percent.
MILAN/PARIS (Reuters) - French media group Vivendi has offered to pay compensation to Mediaset to settle a dispute with the Italian broadcaster over a soured pay-TV deal, three sources close to the matter said on Tuesday. The two companies have been at loggerheads since July last year when Vivendi, in an unexpected U-turn, pulled out of a 800 million euro ($945 million) contract that would have given it full control of Mediaset's pay-TV arm Premium, saying the unit's business plan was unrealistic. One of the sources said Vivendi would pay a first tranche of 250 million euros as part of a wider tentative agreement.
MILAN (Reuters) - Shares in Mediaset (MS.MI) rose more than 5 percent on Tuesday after a Bloomberg report said French media group Vivendi (VIV.PA) was considering making a cash and stock offer to settle ...
Vivendi SA is considering making a settlement offer that includes cash and stock to resolve its year-long dispute over a failed pay-TV deal with the Berlusconi family’s broadcaster Mediaset SpA, according ...
Italian broadcaster Mediaset and French media group Vivendi (VIV.PA) have opened lines of communication to find a solution to a bitter legal dispute, a source close to the matter said on Monday, as shares in the Italian company rose sharply. The two companies have been at loggerheads since Vivendi backtracked last year on a deal to buy Mediaset's (MS.MI) pay-TV unit Premium. The rift deepened when Vivendi built up a 28.8 percent stake in Mediaset last December in a move which the French group said was not hostile but a sign of long-term interest.
Police raided the headquarters of French media company Vivendi, controlled by business tycoon Vincent Bolloré, in an investigation into the French firm’s purchase of a stake in Italian rival Mediaset.
Police raided the headquarters of French media giant Vivendi on Thursday as part of an investigation into alleged market abuse involving its purchase of a stake in Italian TV group Mediaset, Vivendi said. The offices of French bank Natixis in Paris were also being searched, an Italian source with direct knowledge of the matter said. Vivendi said Thursday's raid was the result of an "unfounded and unjust complaint" by former Italian prime minister Silvio Berlusconi, whose holding company Fininvest lodged a criminal complaint last December alleging market manipulation against Vivendi.
The investigation by Milan prosecutors of Vivendi (VIV.PA) managers stems from a complaint filed by the main shareholder of Italian broadcaster Mediaset (MS.MI) and is a due matter of course, the French group said on Thursday. Earlier on Thursday police raided the headquarters of Vivendi in Paris in connection with a probe into alleged market abuse relating to its acquisition of a stake in Mediaset. "It is the result of the unfounded and unjust complaint presented by Berlusconi against Vivendi after its entry into Mediaset capital," Vivendi said in a statement.
PARIS/LONDON, April 25 (Reuters) - Investment banks seeking to persuade Vivendi to float Universal Music Group (UMG) says the recovering division is worth about 20 billion euros ($22 billion), top executives at the Paris-based media company said on Tuesday. Bankers have told Vivendi that selling 10 to 15 percent of UMG would provide funds for other acquisitions and realise the division's rising value, sources told Reuters. Vivendi declined to comment.
Vivendi SA is open to selling its 24 percent stake in Telecom Italia SpA to facilitate its plan to form a European media champion that would include Italy’s Mediaset SpA, according to people familiar with ...
Three European broadcasting giants are joining forces to accelerate a push into online video, seeking scale as global internet services such as YouTube pull audiences and advertisers to the web.
Two of Europe’s most prominent media tycoons are battling for control of Mediaset SpA, with French billionaire Vincent Bollore building a stake in the broadcaster founded decades ago by his close friend, ...