Vivendi Files Court Petition to Preserve Right to Vote at Mediaset EGM
August 26 2019 - 3:38AM
Dow Jones News
By Olivia Bugault
Vivendi SA (VIV.FR) said Monday that it has filed a petition in
court to protect its voting rights in Italian broadcasting company
Mediaset SpA (MS.MI).
The French group said its move follows Mediaset's decision to
bar its voting rights during the Italian company's shareholders
meeting on April 18 and that the request aims at preserving its
right to attend and vote during the next extraordinary shareholders
meeting on Sept. 4.
Last week, Mediaset filed a complaint against shareholder
Vivendi with Italy's market regulator, accusing the company of
acting to depress its stock price. Vivendi holds a 9.61% stake in
Mediaset, having transferred a 19.19% stake to Simon Fiduciaria in
April last year.
Write to Olivia Bugault at olivia.bugault@dowjones.com
(END) Dow Jones Newswires
August 26, 2019 03:23 ET (07:23 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Vivendi (PK) (USOTC:VIVHY)
Historical Stock Chart
From Aug 2024 to Sep 2024
Vivendi (PK) (USOTC:VIVHY)
Historical Stock Chart
From Sep 2023 to Sep 2024
