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Berlusconi

April 4, 2012

Mediaset, the Italian media group controlled by the Berlusconi family, has sold its stake in Dutch production company Endemol.

Mediaset, the Italian media group controlled by the Berlusconi family, has sold its stake in Dutch production company Endemol.

In a statement released on 3 April, the Milan-based family business, which is the country’s largest commercial broadcaster, said it sold 6% of the TV producer’s debt, representing Mediaset’s entire stake.

January 19, 2012

Mediaset, the group controlled by Silvio Berlusconi and his family, will reduce its stake in Endemol to less than 10%, as the production house attempts to restructure its €2.8 billion debt through a debt-for-equity swap.

Mediaset, the group controlled by Silvio Berlusconi and his family, will reduce its stake in Endemol to less than 10%, as the production house attempts to restructure its €2.8 billion debt through a debt-for-equity swap.

The Netherlands-based company, which produces TV shows such as Big Brother and Deal or No Deal, said it reached an agreement in principle with more than two-thirds of its lenders that will see them reducing Endemol's debt in exchange for a stake in the business.

February 8, 2011

Chief executive of carmakers Fiat and Chrysler, Sergio Marchionne, is facing wrath from Italy and the US for his comments on shifting Fiat’s headquarters, and describing the interest rates charged on American bailout loans as “shyster”.

Chief executive of carmakers Fiat and Chrysler, Sergio Marchionne, is facing wrath from Italy and the US for his comments on shifting Fiat's headquarters, and describing the interest rates charged on American bailout loans as "shyster".

October 6, 2009

Fininvest, the holding company controlled by Italy’s Berlusconi family, has been ordered to pay €750 million in damages to rival media company CIR over a disputed court case which took place 18 years ago.

Fininvest, the holding company controlled by Italy's Berlusconi family, has been ordered to pay €750 million in damages to rival media company CIR over a disputed court case which took place 18 years ago.
 

August 8, 2008

Andrea Pininfarina, CEO of the family-owned car design group, has been killed in a road accident.

Andrea Pininfarina, CEO of the family-owned car design group, has been killed in a road accident. The 51-year-old was hit by a car on the outskirts of Turin while riding a scooter. He is survived by his wife and three children.

In a statement, Italian Prime Minister Silvio Berlusconi said he was "deeply saddened" by the tragedy. Andrea Pininfarina was "a leading personality of the country's industrial life and the representative of a dynasty that did so much for the made-in Italy brand around the world," the statement continued.

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