Mediaset and Fininvest appoint advisors in Vivendi dispute - report (translated)
Mediaset [BIT:MS] and its controlling shareholder Fininvest have appointed advisors in the their dispute with Vivendi [EPA:VIV], the Italian-language Carlo Festa blog reported. The unsourced report claimed that Mediaset has appointed JPMorgan and Intesa Imi while Fininvest has appointed Unicredit.
As previously reported, Vivendi has built up a stake of just under 30% in Mediaset over the last week, prompting accusations from Fininvest that the French media group is planning a hostile takeover.
Mediaset has a market cap of EUR 4.73bn.