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Broadcasting

Italy's Mediaset not in merger talks with Prosiebensat1 - statement

MILAN, April 13 (Reuters) - Italian media group Mediaset said on Saturday it was not in talks over a merger with German rival Prosiebensat1 Media, denying press reports.

Earlier on Saturday daily newspaper Il Sole 24 Ore said the two companies were in talks to merge via a share exchange to create a pan-European independent broadcaster.

“No talks are being held for a merger with German TV group Prosiebensat1 Media,” Mediaset said in a statement. (Reporting by Giulio Piovaccari; Editing by Jan Harvey)

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