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.
CNMV approves Mediaset España takeover
Spain’s National Securities Market Commission (CNMV) has approved the voluntary takeover of Mediaset España by MFE- MediaforEurope (MFE).