Even large purchases on Mediaset. The Agcom opened an investigation – The Republic

MILAN - Great attention of the market on the stock Mediaset (follow live), closing the trading day up 2.8%, with strong trading volumes (6% of the share capital passed from hand to hand). To warm up for the title are still no news about the climbing of Vivendi. In the meantime, the Authority for Guarantees in Communications, to which they had been used by the television stations of Cologno, decided in its meeting today, unanimously to open an investigation on the growth of the French in the capital.

Yesterday it emerged that the group Vivendi, led by Vincent Bolloré has risen to the 25,75% of the share capital of the television stations of Cologno, with voting rights, who arrive at 26,77%. But the Berlusconi family, explains that he does not intend to give in: “I, my father and my family – has assured yesterday the ceo of Mediaset, Pier Silvio Berlusconi in the usual christmas toast with managers and employees – don’t we step back a step. Here we are and here we stay”.

he was echoed by Silvio Berlusconi, who today in the Senate, who asked him if for the protection of Mediaset against Vivendi is addressed to the premier Gentiloni he replied: “I have never covered these things. I leave Mediaset to my sons, who are well capable of protecting the Italian Mediaset”.

The Serpent continued its defensive strategy with a complaint to AgCom which indicates the illegality of the conduct of Life “in violation of the regulations of the industry” and in particular “in art. 43 paragraph 11 of the consolidated Text of the audiovisual media services and radio, (this is the article on dominant positions), in addition to “possible obstacle to the development strategies of Mediaset in reason of the cross-link with Telecom Italy”. Cologno report Vivendi – exceeding 10% and having at the same time, 24.2% of Telecom Italia – has crossed the threshold that establishes the link between listed companies. As for Mediaset, and then configures a risk of paralysis of the activities of industrial development”.

Meanwhile on Friday, the offices of Consob will meet with the ceo of Vivendi, Arnaud de Puyfontaine, in the context of the story, Mediaset, given that Fininvest, among other things, he had made a complaint to the Commission to verify that the purchases and the reports of the French group were to be made ner according to the law.

Fininvest in the past few days had prompted the intervention of consob against the hostile takeover of vivendi, after having submitted to the authority a statement for market manipulation and abuse of privileged information vis-à-vis the French.

But, as he renews the Republic on newsstands, the weapons of Arcore are likely to be ticked off. On the market the holding company Fininvest could not raise its share up to April and the financial strength of Vivendi’s not recommended to go to the game of the Opa. The French are likely to have the best hand. The war has inflamed the Stock and yesterday the stock has closed on an increase of 23,3% to 4,44 euro, including the exchange of exceptional. Consob has called in these hours, representatives of Vivendi, but also those of Fininvest or Mediaset could make a visit to the markets Authority.

Topics:

Mediaset

fininvest

Vivendi

Starring:

PIer Silvio Berlusconi