Mediaset CFO says ProSieben important partner but not the only one
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MILAN (Reuters) - Italian broadcaster Mediaset has built a stake in German rival ProSiebenSat.1 Media because it sees consolidation in the industry as inevitable but it will retain a flexible stance and may consider other partners, CFO Marco Giordani said. Milan-based Mediaset wants to merge its Italian and Spanish businesses into a Dutch entity, dubbed MediaforEurope (MFE), and use this to pursue tie-ups in Europe to take on competition from streaming apps such as Netflix and web giants like..