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Silvio Berlusconi Vincent Bolloré Arnaud De-Puyfontaine France Italy reports information Silvio Berlusconi Vincent Bolloré Arnaud De-Puyfontaine France Italy

Former Vivendi Chairman Vincent Bollore, CEO Arnaud De Puyfontaine Indicted For Alleged Market Manipulation

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deadline.com
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Former Vivendi Chairman Vincent Bollore and Vivendi Chief Executive Officer Arnaud De Puyfontaine are among those charged by Italian prosecutors for allegedly driving down broadcaster Mediaset SpA’s share price in a market manipulation scheme, Bloomberg News reports.Bollore, a French billionaire, also allegedly obstructed the work of market regulator Consob.

Mediaset SpA is owned by former Italian Prime Minister Silvio Berlusconi.Vivendi has issued a statement denying the allegations, saying its current and former executives either acted in compliance with the law or are “extraneous” to the allegations.

Mediaset has declined comment.Vivendi and Mediaset have been embroiled in problems dating to July 2016, when Vivendi backed out of a plan

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