--France's Vivendi and Italy's Mediaset failed to reach an out-of-court agreement over legal disputes concerning governance issues, Reuters reported citing unnamed sources.

--Vivendi--which owns a stake in the Italian media company--is opposed to Mediaset's plan to establish a Dutch holding company, Reuters said.

--A Milan court gave them until Friday, when a hearing is set to be held, to find a compromise, Reuters added.

Full story: https://reut.rs/2QNe2Hv

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(END) Dow Jones Newswires

November 22, 2019 04:39 ET (09:39 GMT)