February 12, 2015 / 8:38 PM / 3 years ago

Fininvest pockets 377 mln euros from partial Mediaset stake sale

MILAN, Feb 12 (Reuters) - Fininvest, the holding company of former prime minister Silvio Berlusconi's family, has cashed in 377.2 million euros ($430 million) from the sale of a 7.8 pct stake in private broadcaster Mediaset, it said on Thursday.

The sale took place through an accelerated bookbuilding at a price of 4.1 euros a share, Fininvest said.

Shares in Mediaset closed up 1.5 percent at 4.26 euros on the Milan bourse on Thursday. ($1 = 0.8764 euros) (Reporting by Francesca Landini; editing by Agnieszka Flak)

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