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Image header Agence Europe
Europe Daily Bulletin No. 11799
ECONOMY - FINANCE - BUSINESS / Competition

Commission grants conditional clearance to acquisition of Telecom Italia by Vivendi

On Wednesday 31 May, the European Commission cleared the acquisition by Vivendi of Telecom Italia, on the condition that the latter divests its shares in Persidera.

The French company Vivendi controls a group of companies active on the music, television, cinema, video streaming and video games market. Through its subsidiary Havas, Vivendi is also present in the Italian advertising sector. The French company also owns a minority but significant stake in Mediaset, which is active on the market...

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