Fininvest

Structure

The Fininvest group is composed of a number of companies, such as Mondadori (one of Italy's leading publishing companies), Teatro Manzoni (a theatre in Milan), Alba Servizi Aerotrasporti (a private jet company) and Fininvest Gestione Servizi.

Fininvest is the largest shareholder of MFE – MediaForEurope, which is currently the biggest private entertainment competitor in Italy, known for domestic operations in Italy through Mediaset (including Canale 5, Italia 1, Rete 4, among others), Spanish operations through Mediaset España, the film production company Medusa Film, and many other companies related to TV broadcasting. The deal to sell Mediaset Premium collapsed in 2016.

Fininvest's voting rights on Mediolanum was capped at 9.9999% by Italian Insurance Supervisory Authority despite owning about 36% share capital of the financial conglomerate; the company reverse merger with subsidiary Banca Mediolanum in 2015. Fininvest had a shareholders' pact with Ennio Doris (the pact only binds to 25.5% share each, the excess amount of shares was not bound), the largest shareholder of Banca Mediolanum, making the pact had an absolute majority in the bank for 51% share capital.

On 5 August 2016, Fininvest signed a preliminary agreement to sell 99.93% stake of AC Milan to a Chinese private equity fund Sino-Europe Sports. The deal was completed on 13 April 2017.

On 15 February 2017, Fininvest announced that they bought an additional 2.9% shares of Mondadori (increased to 53.299%) It was followed by and additional 1.27% shares of Mediaset on 12 May. Fininvest had also purchased more shares in December 2016, in response to hostile takeover by Vivendi.

On 28 September 2018, Fininvest acquired AC Monza. The football club reached Serie A for the first time in 2022, and remained in Italy's top division until 2025. On 1 July 2025, Fininvest sold 80% of its shares in AC Monza to the American investment firm , in a deal valued at approximately €45 million, including the club's debts. The remaining 20% stake was scheduled for transfer by June 2026.

Other investments

Fininvest owned 0.99% stake in Mediobanca, and was part of the shareholders' pact that owned about 31% stake in the bank in total.

References

References

1. "Company structure - Fininvest".
2. (2017). "Annual Report 2016". Fininvest.
3. (2017). "Fininvest 2016 bilancio consolidato". Italian [[Camera di Commercio, Industria, Agricoltura e Artigianato.
4. (2017). "Fininvest 2016 bilancio". Italian C.C.I.A.A..
5. (2 April 2016). "COMUNICATO STAMPA CONGIUNTO". Fin.Prog.Italia S.A.p.A. di Ennio Doris & C. / Fininvest.
6. (16 September 2016). "Estratto di patti parasociali ai sensi dell'art. 122 del d.lgs. 24.2.1998, n. 58 e dell'art. 129 Regolamento Consob del 14 maggio 1999, n. 11971". Banca Mediolanum.
7. (5 August 2016). "Comunicato Stampa – Milan: Fininvest firma preliminare di vendita con cordata cinese". Fininvest.
8. (15 February 2017). "Fininvest sale al 53,3% del capitale Mondadori". Fininvest.
9. (12 May 2017). "Fininvest sale al 41,09% dei diritti di voto Mediaset". Fininvest.
10. (13 December 2016). "Mediaset: Fininvest sale a quasi il 40% dei diritti di voto". Fininvest.
11. "THE ADVENT OF FININVEST". acmonza.com.
12. Steel, Andrew. (30 May 2022). "Monza earn promotion to Serie A for first time as Berlusconi-owned club beat Pisa in play-off final".
13. Di Chiaro, Michael. (24 May 2025). "Il triste finale del Monza: chiude il campionato di Serie A a 18 punti e Nesta ufficializza l'addio".
14. (1 July 2025). "Italy's Berlusconi family sells Monza to U.S-based fund Beckett Layne". [[Reuters]].
15. (1 July 2025). "AC Monza: Fininvest e Beckett Layne Ventures firmano un accordo per la cessione del club". [[Fininvest]].
16. (5 July 2016). "Accordo per la partecipazione al capitale di Mediobanca". Mediobanca.