Mediaset to Let Vivendi Vote at Shareholder Meeting But Bars Simon Fiduciaria
June 26 2020 - 5:00AM
Dow Jones News
By Pietro Lombardi
Mediaset SpA said Friday that it will let shareholder Vivendi SA
vote at its shareholder meeting, while trustee Simon Fiduciaria,
which holds the bulk of the French company's stake in Mediaset,
will be prevented from voting.
The French media conglomerate will be allowed to take part in
Friday's meeting and vote in relation to the 9.6% stake in Mediaset
that it directly holds, the Italian broadcaster said.
However, trustee Simon Fiduciaria won't be allowed to vote in
relation to the 19.2% stake in Mediaset it holds on behalf of
Vivendi.
Overall, Vivendi holds a 28.8% stake in Mediaset.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
June 26, 2020 04:45 ET (08:45 GMT)
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