|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||23.84 - 24.41|
|52-week range||16.60 - 26.42|
|Beta (5Y monthly)||0.73|
|PE ratio (TTM)||15.50|
|Forward dividend & yield||0.60 (2.47%)|
|Ex-dividend date||21 Apr 2020|
|1y target est||N/A|
The head of Mediaset talked with his counterpart at Vivendi on Wednesday, a source familiar with the matter said, as Italy's top commercial broadcaster and its second-biggest investor look to resolve a protracted row. Mediaset, controlled by the family of former Italian Prime Minister Silvio Berlusconi, has been embroiled in a multi-billion-euro legal dispute with Vivendi since a collapsed pay-TV deal in 2016. Vivendi holds 29% of the Italian broadcaster, a stake it built after walking away from the purchase of pay-TV unit Mediaset Premium and which Mediaset considers hostile.
Italian communications authority AGCOM has begun a review of a ruling by a top EU court into a dispute between France's Vivendi and Italian broadcaster Mediaset that could bring an overhaul of Italy's communications laws, sources said on Wednesday. The Court of Justice of the European Union ruled last week that an Italian law which forced Vivendi <VIV.PA>, Mediaset's <MS.MI> second-biggest shareholder, to freeze most of its voting rights in the Italian group violated EU rules. A person close to the matter said AGCOM had begun reviewing the ruling and expected to reach a conclusion shortly.
The European Union's top court ruled on Thursday that an Italian law forcing French Vivendi <VIV.PA> to forfeit a stake in Milan-based TV group Mediaset <MS.MI> violated the bloc's rules, potentially allowing a shake-up of the country's media industry. The Court of Justice ruling strengthens Vivendi's hand in a long-running dispute, helping it regain voting rights for its full 29% stake in Mediaset, which is 44% owned by the family of Italy's former Prime Minister Silvio Berlusconi. The ruling brought an immediate response from Mediaset which said it could now consider its own investments in the telecoms sector.