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BusinessMediaset aims for European expansion with Vivendi s backing
ReutersElvira Pollina
4 minutes read
A Vivendi sign is seen at the company s headquarters in Paris, France, April 8, 2015. REUTERS/Gonzalo Fuentes/File Photo
Italy s top commercial broadcaster Mediaset (MS.MI) is committed to European expansion to fend off competition and hopes to win the backing of all its investors, including France s Vivendi (VIV.PA), it said on Tuesday.
The group controlled by the family of former Italian Prime Minister Silvio Berlusconi on Monday unveiled fresh plans to move its legal base to the Netherlands, having been forced to shelve a similar project last year after opposition from Vivendi.
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