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VIVHY Vivendi SE (PK)

10.408
-0.012 (-0.12%)
14 Aug 2024 - Closed
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
  -0.012 -0.12% 10.408 10.35 10.53 10.46 10.39 10.46 12,601 21:15:54

Vivendi Files Court Petition to Preserve Right to Vote at Mediaset EGM

26/08/2019 8:38am

Dow Jones News


Vivendi (PK) (USOTC:VIVHY)
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From Aug 2019 to Aug 2024

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   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.

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