Mediaset Bars Simon Fiduciaria From EGM
10 Janeiro 2020 - 8:03AM
Dow Jones News
By Mauro Orru
Mediaset SpA (MS.MI) said Friday that the board has voted to bar
Simon Fiduciaria SpA from its extraordinary general meeting.
The Italian broadcasting company said that Simon Fiduciaria--an
asset trust which holds a 19.9% stake in Mediaset on behalf of
Vivendi SA (VIV.FR)--wouldn't be able to exercise voting rights at
the meeting.
Mediaset shareholders will vote on changes to plans to create a
Dutch holding company through the merger of its Italian and Spanish
operations, which is opposed by Vivendi.
However, Mediaset said Vivendi would be able to vote at the
meeting.
A court hearing over Mediaset's merger-related dispute with
Vivendi is set for Jan. 21.
Write to at mauro.orru@wsj.com
(END) Dow Jones Newswires
January 10, 2020 05:48 ET (10:48 GMT)
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