$5.21 0.0 0.0%
Last Trade - 05/07/19
Market Cap | £9.80bn |
Enterprise Value | £33.02bn |
Revenue | £13.69bn |
Position in Universe | th / 6850 |
ROME, Nov 20 (Reuters) - Italy's Economy Minister Roberto Gualtieri held a phone call on Monday with Vivendi CEO Arnaud de Puyfontaine over the draft law potentially curbing the French media group's business in the Italian market, a source close to the matter told Reuters. Vivendi VIV.PA last week said Italy was ready to lodge a formal complaint with the European Commission over the bill, according to a letter seen by Reuters. urn:newsml:reuters.com:*:nL8N2I23YT The source said Gualtieri had told de Puyfontaine the draft legislation was a temporary measure ahead of new media regulation, adding the call was "friendly and constructive". Vivendi was not immediately available to comment. The Paris-based group, controlled by billionaire Vincent Bollore, is a key player in Italy holding a 24% stake in former phone monopolist Telecom Italia TLIT.MI and 29% of top commercial broadcaster Mediaset MS.MI (Reporting by Giuseppe Fonte, editing by Giselda Vagnoni and Stephen Jewkes) ((giuseppe.fonte@thomsonreuters.com; +390680307711;))