Giovedì, 20 Settembre 2018
MILAN

Mediaset shares dive after Berlusconi convicted for fraud

English
© ANSA

Milan, October 26 - Shares in Mediaset, the
company controlled by ex-premier Silvio Berlusconi, dropped
sharply on Milan's stock market Friday following news that the
media mogul was convicted of fraud by a Milan court.
Shares registered a loss of 3.11%, dipping to 1.33 euros,
at the sounding of the closing bell.
Berlusconi was found guilty of tax fraud in the trading of
film rights for TV broadcasts by his Mediaset media empire,
sentenced to five years in prison and banned from public office
for three years.

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