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The Iberian subsidiary valued at € 5.613 per share, equal to a premium of 12.1% compared to the last closing price of the share
by Andrea Biondi
The Iberian subsidiary valued at € 5.613 per share, equal to a premium of 12.1% compared to the last closing price of the share
The key points
- Farewell to the merger
- The structure of the offer
- A step for international growth
It starts from Spain. Mediaset’s transnational project, for cross-border expansion with the idea of creating a “pan-European” TV hub, resumes its path right where it ran aground, it starts again where it ran aground, sacrificed on the altar of the legal clash with the “uncomfortable” partner Vivendi with whom, in the end, an agreement was reached after five years of confrontation.
Farewell to the merger
It will no longer be a merger, as in the first Mediaforeurope project. After all, the adverse ruling of the Spanish court …