By Mauro Orru 
 

Mediaset SpA (MS.MI) said Friday that the board has voted to bar Simon Fiduciaria SpA from its extraordinary general meeting.

The Italian broadcasting company said that Simon Fiduciaria--an asset trust which holds a 19.9% stake in Mediaset on behalf of Vivendi SA (VIV.FR)--wouldn't be able to exercise voting rights at the meeting.

Mediaset shareholders will vote on changes to plans to create a Dutch holding company through the merger of its Italian and Spanish operations, which is opposed by Vivendi.

However, Mediaset said Vivendi would be able to vote at the meeting.

A court hearing over Mediaset's merger-related dispute with Vivendi is set for Jan. 21.

 

Write to at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

January 10, 2020 05:48 ET (10:48 GMT)

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