Comment on Top Vivendi Execs Under Investigation in Connection With Mediaset Stock Purchases

Top Vivendi Execs Under Investigation in Connection With Mediaset Stock Purchases

ROME — Vivendi chairman Vincent Bolloré and managing director Arnaud De Puyfontaine are under investigation by Milan prosecutors for alleged stock market manipulation in connection with the French media conglomerate’s recent rapid stake building in Italian TV group Mediaset. Under Italian law being under investigation is not tantamount to being indicted. As a Vivendi statement put it, “this...

 

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