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Mediaset, the Italian television and advertising group has made an official request to financial watchdog Consob for a quotation on the bourse. Mediaset, at present controlled by Silvio Berlusconi's Fininvest, announced on 24 May that it was delaying for five days a decision on the price range for a Milan stock market flotation planned for June.

Doubts grew over whether the flotation would take place after Milan magistrates earlier this month issued arrest warrants for seven employees or former employees suspected of being linked to alleged falsification of Fininvest's accounts.

Consob is due to report by the end of the week whether it will allow Mediaset's listing to go ahead.