MFE-MediaForEurope has strengthened its control over ProSiebenSat.1, appointing its own Chief Financial Officer, Marco Giordani, as the new CEO of the German media group with immediate effect.
MFE secures 75.61% stake in ProSiebenSat.1
Italian media company MFE-MediaForEurope has secured a total stake of 75.61% in ProSiebenSat.1, positioning itself as the German broadcaster’s majority shareholder.
ProSiebenSat.1 extends CFO Martin Mildner’s contract until 2029
German media company ProSiebenSat.1 has extended the contract of Group Chief Financial Officer (CFO) Martin Mildner until May 2029.
Battle between MFE and PPF for ProSiebenSat.1 continues
The battle for ProSiebenSat.1 has entered a new chapter, as Italian media company MFE-MediaForEurope and Czech investment group PPF increased their stakes stakes in the German broadcaster following the closure […]
Maria Kyriacou new Chair of ProSiebenSat.1 Supervisory Board
Maria Kyriacou (54) has been appointed as the new Chairwoman of the Supervisory Board of German media company ProSiebenSat.1.
ProSiebenSat.1 boards reject MFE takeover offer
The Executive Board and the Supervisory Board of ProSiebenSat.1 recommend shareholders not to accept the voluntary public takeover offer made by the German media company’s largest single shareholder MFE-MediaForEurope (MFE).
ProSiebenSat.1: PPF challenges MFE with higher offer
A power struggle is building up over Germany commercial broadcaster ProSiebenSat.1.
ProSiebenSat.1 cuts 430 jobs to save costs
German media company ProSiebenSat.1 has announced plans to cut around 430 full-time positions as part of a strategic restructuring aimed at reducing costs and accelerating its digital transformation.
ProSiebenSat.1 extends CEO Bert Habets’ contract
German media company ProSiebenSat.1 has extended the contract of group CEO Bert Habets for another three years, securing his leadership until October 2028.
ProSiebenSat.1 sells Verivox as part of strategic restructure
In a move to streamline its operations and reinforce its focus on entertainment, German media company ProSiebenSat.1 has announced the sale of its online comparison platform Verivox to Moltiply Group.