MILAN, Dec 15 (Reuters) - Telecom Italia is playing no role in a stand-off between French group Vivendi and Italian broadcaster Mediaset, the phone group’s Chairman Giuseppe Recchi said on Thursday.
Vivendi, which is Telecom Italia’s top shareholder, has built a 20 percent stake in Mediaset in just three days in a hostile raid that has drawn the ire of the Italian government.
Recchi said his group had “nothing to do” with the stake-building, “neither directly nor indirectly.”
“We are totally extraneous,” he said.
Reporting by Giulia Segreti