January 10, 2020 / 12:01 PM / 9 days ago

Mediaset shareholders approve changes to pan-European holding plan

MILAN, Jan 10 (Reuters) - Mediaset shareholders on Friday approved governance modifications to a European expansion plan despite opposition from the Italian broadcaster’s second-largest investor Vivendi, which is fighting the plan in court.

In total just under 80% of votes at a special shareholder meeting were in favour of the changes to the by-laws of the Dutch holding company into which Mediaset plans to fold its domestic and Spanish businesses.

Reporting by Elvira Pollina, editing by Valentina Za

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