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Berlusconi deal near in Italy

Published on .

Italian media magnate Silvo Berlusconi is believed to be near to completing a deal to sell a substantial stake in his Fininvest media empire's holding company Mediaset to Saudi Prince Al Walid Bin Talal. Italian news reports quote Fininvest sources as saying that the deal will also involve Time Warner of the U.S. and the Kirch Group of Germany.

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