VOL. XXXVIII

NO. 43

24-JULY-1995

FINANCIAL ANDBANKING NEWS

Regional Financing

Prince Al-Walid Buys Stake In Berlusconi's Mediaset

The Saudi financier Prince al-Walid ibn Talal has joined in buying a 20%stake in Mediaset, the media and advertising group owned by former ItalianPrime Minister Silvio Berlusconi. The consortium headed by Prince al-Walid alsoincludes the German Leo Kirch, who will take a 10% stake in Mediaset, and theDutch Netholt/Richemont group, which is controlled by South African...