June 7, 2019 / 5:15 PM / 3 months ago

Mediaset puts group under Dutch roof in pursuit of Europe plan

MILAN, June 7 (Reuters) - Italian broadcaster Mediaset unveiled on Friday a corporate overhaul that would put the group, including its main overseas subsidiary in Spain, under a Dutch holding company and in a better position to pursue pan-European media alliances.

Under the plan, a Dutch shell company would carry out a reverse takeover of both Mediaset, controlled by the family of former Prime Minister Silvio Berlusconi, and Madrid-listed Mediaset Espana, issuing shares to owners of both. (Reporting by Silvia Aloisi Editing by Mark Bendeich)

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