MFE-MediaForEurope continues its rapid consolidation of control over ProSiebenSat.1 by placing an executive from its own ranks at the top of the German broadcaster’s advertising sales subsidiary Seven.One Media.
CME parent PPF acquires 9.1% stake in ProSiebenSat.1
Czech PPF Group, parent company of Central European Media Enterprises (CME), has acquired a 9.10% stake in German media company ProSiebenSat.1.
MFE rules out merger with ProSiebenSat.1 for now
Berlusconi’s MFE-MediaForEurope is ruling out a takeover bid as well as a full merger with ProSiebenSat.1 at present, but is confident that closer cooperation is possible.
MFE-MediaForEurope applies for full control over ProSiebenSat.1
Berlusconi’s MFE-MediaForEurope N.V. has filed a notification for the “acquisition of de facto sole control over ProSiebenSat.1 Media SE, Unterföhring, Germany.”