March 05, 2015 2:52 AM ET

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Company Overview of Finanziaria d'investimento Fininvest S.p.A.

Company Overview

Finanziaria d'investimento Fininvest S.p.A. is a holding company that engages in commercial television, cinema, publishing, financial services, and sport businesses. It owns analogical private television networks in Italy; engages in publishing and distributing books and periodicals; and provides advertising, direct and retail, and radio services. The company specializes in pensions, banking, and insurance financial services. It engages in the production and distribution of films, sporting events, sale of television rights, commercial activities, marketing, and ticket sales. The company was founded in 1961 and is based in Rome, Italy. Finanziaria d'investimento Fininvest S.p.A. operates as a...

Largo del Nazareno, 8

Rome, RM 00187

Italy

Founded in 1961

Phone:

39 0667 38 60 18

Key Executives for Finanziaria d'investimento Fininvest S.p.A.

Chief Executive Officer and Director
Age: 67
Consultant and Director
Age: 76
Compensation as of Fiscal Year 2014.

Finanziaria d'investimento Fininvest S.p.A. Key Developments

AC Milan Denies Thai Takeover Talk

Finanziaria d'investimento Fininvest S.p.A. is not interested in selling Associazione Calcio Milan s.p.a. (AC Milan), despite reports of a potential €1 billion offer. Reports in Thailand stated that Bee Taechaubol had lodged an offer of €1 billion for a controlling stake in AC Milan. AC Milan has denied reports that Silvio Berlusconi's holding company, Fininvest, has any interest in selling a majority stake in the club. "In response to press reports, Fininvest reiterates that it is not interested in selling majority shares in AC Milan," Fininvest's statement said. "Fininvest can only reiterate the statement left on Saturday the 14th of February: various entities have shown interest in a partnership with Fininvest relating to Milan, but categorically deny that there have been negotiations, let alone pre-contract agreements or 'decisive meetings' on the agenda."

Bee Taechaubol To Bid For AC Milan

Bee Taechaubol Thai businessman confirmed that he made an offer of €1 billion to acquire a majority stake in Finanziaria d'investimento Fininvest S.p.A. (AC Milan). Bee Taechaubol said he wanted to buy more than a 50% stake in the football club, but not whole ownership. It was assumed that an agreement could be signed by end of February. However Silvio Berlusconi denied selling stake in AC Milan. Silvio Berlusconi holding company Fininvest stated, "Fininvest reiterates it is not interested in selling a majority stake in AC Milan, Various parties have shown interest in a partnership involving Milan but, having said that, Fininvest categorically denies the existence of talks of any substance and of any pre- agreement or decisive meetings on the agenda."

Fininvest Denies Report About AC Milan Sale

Fininvest S.p.A. has denied the media speculation that it is considering selling Associazione Calcio Milan s.p.a. (AC Milan). Bloomberg reported recently that Italian Prime Minister, Silvio Berlusconi had engaged a company to look for potential buyers for AC Milan. Fininvest stated, “Despite the numerous denials, rumors return to circulate regarding a possible sale of Milan. Fininvest confirms once again that it (rumor) is just a hypothesis without any foundation.”

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