A court in Amsterdam has blocked Mediaset’s plan to merge its Italian and Spanish business units into MediaForEurope, which would be based in Amsterdam.
In a ruling overturning a lower court’s summary judgment, the Amsterdam Appeals Court said the proposed merger could not proceed for several reasons, including a scheme that would give some shareholders of the new entity extra voting rights, reports Reuters.
The company has been involved in an on-going battle with rival Vivendi over the plan.
It was thought the pair had decided to call a truce over hostilities, but the ruling could ignite the battle once again.
