MILAN, Dec 9 (Reuters) - An Italian judge will examine on Jan. 21 a request by France’s Vivendi to suspend a corporate reorganisation at Italian broadcaster Mediaset , effectively putting the overhaul on hold at least until then, a legal source said.
Controlled by the family of former Prime Minister Silvio Berlusconi, Mediaset is pursuing a plan to create a pan-European TV champion by merging its Italian and Spanish TL5.MC businesses under a Dutch holding company dubbed MfE.
Vivendi, which is Mediaset’s second largest shareholder with a 29% stake, is challenging the corporate overhaul in court, saying it harms minority shareholders.
On Jan. 10, a meeting of Mediaset shareholders will be called to approve amendments to MfE’s by-laws introduced to comply with indications previously received by the court.
Reporting by Elvira Pollina, editing by Silvia Aloisi