December 14, 2016 / 5:29 PM / 7 months ago

Vivendi says owns 20 pct stake in Mediaset

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PARIS, Dec 14 (Reuters) - Vivendi said on Wednesday it had raised its stake in Italian broadcaster Mediaset to 20 percent.

French tycoon Vincent Bollore said earlier this week Vivendi could buy up to a fifth in the company, stirring talk of a hostile takeover bid. It had 3 percent of Mediaset on Monday and 12.3 percent as of Tuesday disclosure. (Reporting by Maya Nikolaeva; Editing by Ingrid Melander)

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