August 22, 2019 / 9:17 AM / a month ago

Mediaset files complaint with Italian market watchdog against Vivendi

MILAN, Aug 22 (Reuters) - Mediaset has filed a complaint with Italy’s market watchdog, accusing hostile shareholder Vivendi of leaking information with the goal of scuppering a cross-border merger deal, the Italian broadcaster said on Thursday.

Mediaset announced in June a corporate overhaul under which the company and its Spanish subsidiary would merge into a new Amsterdam-based holding.

Vivendi could sink the deal if it exercises its right of withdrawal. In its statement on Thursday, Mediaset called on Vivendi to make a public statement on its intentions.

It was not immediately possible to reach Vivendi for comment. (Reporting by Elvira Pollina Editing by Mark Bendeich)

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