April 17, 2019 / 10:07 AM / 2 months ago

Mediaset in talks with "everyone" on cross-border tie up, Fininvest says

MILAN, April 17 (Reuters) - Italian media group Mediaset is in talks “with everyone” about a potential cross-border tie-up, the chairwoman of Fininvest, which is the biggest shareholder in the Italian broadcaster, said on Wednesday.

Mediaset and Fininvest are “absolutely in favour” of a tie- up, Marina Berlusconi said, adding however that Mediaset’s shareholder Vivendi would not be part of a potential merger.

Vivendi is embroiled in a legal dispute with Mediaset stemming from a failed pay-TV unit deal with the Italian broadcaster.

Marina Berlusconi, daughter for former prime minister Silvio Berlusconi, said Mediaset would hold a board meeting on Thursday to decide what to do if Vivendi decides to attend the Italian company’s annual shareholder meeting. (Reporting by Elvira Pollina, writing by Davide Barbuscia)

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