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Berlusconi Campaigns for ‘No’ as His Top Managers Back Renzi

  • Former premier says Mediaset chairman backing Italy referendum
  • Most top managers in Bloomberg survey to vote ‘Yes’ Dec. 4
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'Slow Burn' to Understand Italian Referendum: Juckes

While Silvio Berlusconi is campaigning for the ‘No’ front in Italy’s constitutional referendum next month, he says top managers at his biggest companies support Prime Minister Matteo Renzi’s proposed reform.

The 80-year-old former prime minister said on a television talk show late Tuesday that he discussed the issue with executives including Mediaset SpA Chairman Fedele Confalonieri, a longtime manager at his media group.