1 Min Read
MILAN (Reuters) - Mediaset's (MS.MI) top shareholder Fininvest said on Tuesday it had filed a complaint with prosecutors in Milan and market regulator Consob against French media giant Vivendi (VIV.PA), citing market manipulation.
The move follows Vivendi's announcement that it owns 3 percent of the Italian broadcaster and plans to raise that to a 20 percent stake.
Mediaset shares jumped as much as 36 percent on Tuesday, their biggest one-day gain on record, triggering an automatic temporary suspension from trading.
Reporting by Agnieszka Flak; editing by Francesca Landini