World Markets
MS

Milan court delays hearing over Mediaset's AGM tussle to Oct. 22

Reuters

MILAN, April 9 () - A Milan court has postponed a hearing to rule on a request from Mediaset shareholder Simon Fiduciaria to scrap two decisions which the investor was banned from voting on at an AGM last year, a legal source said on Tuesday.

The source said the hearing had been moved to Oct. 22.

Vivendi, which holds 29 percent of Mediaset, last year transferred a 19.19 percent holding in Italy's biggest private broadcaster to the Simon Fiduciaria trust to comply with antitrust demands it cut its stake in either Mediaset or telecoms incumbent Telecom Italia.

The two decisions related to the establishment of an incentive and retention plan and of a stock option plan.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

MS

Other Topics

Stocks Economy

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More