Italian media group Mediaset has increased its shareholding in German broadcaster ProSiebenSat.1 by 4.1% to a total of 24.2%.
The stake corresponds to voting rights for 24.9%.
Earlier this month, Mediaset confirmed that the company is seeking approval from Germany’s Federal Cartel Office for gaining “significant competitive influence” over ProSiebenSat.1.
With the antitrust approval, Mediaset could increase its stake to up 25% and enable the company to vote at a ProSiebenSat.1 shareholder meeting scheduled in June 2020.
