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VIVHY Vivendi SE (PK)

10.228
0.138 (1.37%)
Last Updated: 18:36:27
Delayed by 15 minutes
Name Symbol Market Type
Vivendi SE (PK) USOTC:VIVHY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.138 1.37% 10.228 10.23 10.24 10.35 10.14 10.35 12,884 18:36:27

Mediaset Merger Plan Suspended by Amsterdam Court

01/09/2020 4:05pm

Dow Jones News


Vivendi (PK) (USOTC:VIVHY)
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   By Mauro Orru 
 

Mediaset SpA said Tuesday that an Amsterdam court has suspended the planned merger of its Italian and Spanish operations to create a pan-European media holding company to be called MediaForEurope.

The Italian broadcaster said the court welcomed Vivendi SA's appeal to block the merger, which the French media company has long opposed, saying it "disregards basic shareholders' rights."

The court requested changes to the original plan for the merger to go ahead, although Mediaset had already said in early August that it was evaluating alternative options after a Spanish court suspended the original plan.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

September 01, 2020 10:50 ET (14:50 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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