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MediaForEurope's Strategic Move to Acquire ProSiebenSat.1
2025-03-27 05:40:12
Business
Companies

MediaForEurope's Strategic Move to Acquire ProSiebenSat.1

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MediaForEurope (MFE), controlled by the Berlusconi family, plans to submit a takeover bid for ProSiebenSat.1. Already holding 29.99% of the German media company, MFE aims to surpass the 30% threshold, which would necessitate a public offer.

The company's goal is to create a media giant capable of competing with US platforms like Netflix. MFE intends to pay 78% in cash and the remainder in new shares.

Pier Silvio Berlusconi, MFE's CEO, emphasizes the need for a strong shareholder to contribute to ProSiebenSat.1's growth. Despite the strategic intentions, investor reactions have been negative, with shares dropping by three percent.

MFE's move reflects its commitment to enhancing ProSiebenSat.1's strategic direction.

The press radar on this topic:

AFP
26. März 2025 um 19:41

MediaForEurope to Submit Takeover Bid for ProSiebenSat.1

The Italian television group MediaForEurope (MFE), which already holds 29.99% of ProSiebenSat.1, intends to submit a takeover bid for the German media company. The aim is to create a large media group that can compete with US platforms like Netflix. MFE has already reached an agreement with an existing shareholder of ProSiebenSat.1, who has committed to accepting the takeover offer for a portion of their shares. With this, MFE aims to hold more than 30% of the share capital of ProSiebenSat.1 a..
sueddeutsche
26. März 2025 um 19:14

TV: Berlusconi Holding Announces Takeover Bid for ProSiebenSat.1

The Italian media group MFE, controlled by the family of former Italian Prime Minister Silvio Berlusconi, has announced an official takeover bid for the German media company ProSiebenSat.1. MFE already holds 29.99 percent of ProSiebenSat.1 and now wants to increase its stake to gain more control over the company. The offer is expected to be below the current stock price, as MFE only aims to exceed the 30 percent threshold without having to make a more expensive mandatory offer.
DER SPIEGEL
27. März 2025 um 00:39

ProSiebenSat.1: Berlusconi Holding Wants German - DER SPIEGEL

MediaForEurope (MFE), the major shareholder of ProSiebenSat.1, plans to acquire the German media company and already holds 29.99 percent of the shares. MFE CEO Pier Silvio Berlusconi emphasizes that a strong shareholder is necessary to promote the growth of ProSiebenSat.1. The takeover offer includes a proposal to pay a statutory minimum price, with 78 percent in cash and the remainder in its own shares. Despite the takeover offer, investors reacted negatively, and the stock fell by three perc..
Der Spiegel
27. März 2025 um 00:39

ProSiebenSat.1: Berlusconi Holding wants German

The media company MediaForEurope wants to expand its influence on ProSiebenSat.1. The goal is to create value for all shareholders, "before it is too late." The reaction from investors was negative.
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