Italian court to wait until Feb. 1 to rule on Mediaset pan-European TV plan

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An Italian judge will wait until Feb. 1 at the earliest before ruling on a reque...

), which is Mediaset’s second largest shareholder with a 29% stake, is fighting the project in courts across Europe, saying the governance structure of the new entity would strengthen Berlusconi’s grip on the company.

The French group filed another urgent appeal on Tuesday, prompting the judge to set a new hearing on Feb. 1 and postpone any decision until then, the sources said after a closed-door session. Mediaset faces a March deadline to see its Dutch holding company plan through, otherwise the decisions of a September shareholder meeting that approved the project will no longer be valid under Dutch law.

 

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