Vivendi aims to increase the investment in Mediaset within the roof of the 30%, the threshold over which snaps the Opa. The announcement of a new hit from the French group, chaired by Vincent Bolloré comes another time Monday. Following the meeting between Arnaud de Puyfontaine, ceo of Vivendi, and Pier Silvio Berlusconi, the ceo of Mediaset, on the 16th of December, and to the press release issued by Mediaset on the 17th of December – reads a note – and considering the recent positions of Fininvest, the board of Vivendi met on Monday, the 19th, and decided, with the approval of the Supervisory board, to increase the investment in Mediaset through the purchase of additional shares, depending on market conditions, within the limit of 30% of the capital and voting rights. Meanwhile, moves to the Consob. The Authority that regulates the market has called the vertices of the French group, and will be the chief executive officer Arnaud de Puyfontaine to come back to Italy before Christmas.
In the late evening, comes the response of Fininvest, promising new legal actions. In a press release, the car company insists that " with his announcement, Vivendi continues in a very aggressive strategy that, move after move, does not that confirm all the irregularities and serious violations highlighted by Fininvest in the claims and in the exposed presented to the public Prosecutor of the Republic and to Consob, with the filing of appropriate documentation. In these early legal actions, other will follow, on both the criminal, civil and administrative. No profile will be overlooked”.
last week, Monday, December 12, surprise, Vivendi announced to have 3.5% of Mediaset and anticipating the intention of getting to the 10-20% in the capital, in the first time. Goal reached within 48 hours. The goal? Become seconds the shareholders of the group controlled by the Berlusconi family through Fininvest and to have a voice in the chapter to treat and find a positive result on Mediaset Premium, explained in an interview with “Corriere della Sera” the ceo Arnaud de Puyfontaine on Friday 16 December. Anticipating to be “ready to do anything to get a positive result”, and unlock the story of Mediaset Premium, after which Vivendi has decided to break the agreement reached on 8 April.
The new ad of Vivendi comes on the same day in which Mediaset has submitted a complaint to Consob for market manipulation and abuse of privileged information vis-à-vis Vivendi. The act is the basis of the complaint filed by Fininvest, the Milan Prosecutor on the 13th of December last, and sent for information also to the Consob. In the above, it is asking the Commission to exercise the powers which the rules confer on the matter. The holding company controlled by the Berlusconi family also explains that the legal Fininvest have also filed at the public Prosecutor’s office of Milan for further documents related to the story.
In his note, Vivendi reminds us that his presence in the capital of Mediaset is in line with the intention of the group to develop its activities in Southern Europe and its ambitions to create a media group, and focused on the content of dimensions international, based in Europe. The latest news from Paris, arrived at the Stock exchange closed, where Mediaset has finished the session in progress of 1,52% and Telecom Italia of 2.42 percent.
The arm of iron between the French and the Berlusconi family dates back to last summer, when Vivendi decided not to break the contract for the purchase of 100% of Mediaset Premium, signed at the beginning of April. The agreement also provided, which Vivendi acquired for 3.5% of Mediaset. As you know, the story is over in court. At the beginning of march is scheduled for the first hearing. Before then, the French, as he said de Puyfontaine, want to treat to arrive at a satisfactory agreement. The possibilities so far denied by Mediaset, for the voice of its president, Fedele Confalonieri.
December 19, 2016 (change on December 19, 2016 | 21:38)
© REPRODUCTION RESERVED
No comments:
Post a Comment