Mediaset Sells Endemol Debt to Exit Holding in TV Producer

Mediaset SpA, the broadcaster controlled by former Italian Prime Minister Silvio Berlusconi, agreed to sell its debt in Endemol NV and exit the investment.

Mediaset sold about 6 percent of the senior debt on the market, its entire remaining holding in the Dutch TV producer, according to an e-mailed statement today. Mediaset sold the stake for about 72 million euros ($96 million), according to a person familiar with the deal who asked not to be named as the terms of the agreement were private.