Mediaset buys Telefonica stake in Premium TV unit


Reuters

MILAN, June 19 (Reuters) - Italian broadcaster Mediaset
<MS.MI> said on Monday it had bought an 11.1 percent stake in
its pay TV unit Mediaset Premium from Spanish telephone group
Telefonica <TEF.MC>.
    The broadcaster, controlled by the family of former Prime
Minister Silvio Berlusconi, said as a result it now owned the
whole of Premium.
    It did not disclose any financial details.


 (Reporting by Stephen Jewkes, editing by Francesca Landini)
 ((stephen.jewkes@thomsonreuters.com; +39.0266129695; Reuters
Messaging: stephen.jewkes.thomsonreuters.com@reuters.net))

Keywords: MEDIASET M&A/TELEFONICA (URGENT)



This article appears in: World Markets , Stocks , Economy , Technology
Referenced Symbols: MS , TEF


More from Reuters

Subscribe






See headlines for MS

Follow on:








Research Brokers before you trade

Want to trade FX?