ProSiebenSat.1’s Executive and Supervisory Boards have formally endorsed an improved takeover offer from MFE-MediaForEurope, describing the bid as “adequate” and recommending shareholders accept the terms.
PPF maintains all-cash offer for ProSiebenSat.1 at 7€ per share
Czech investment group PPF will maintain its public acquisition offer in the form of a partial offer to the shareholders of ProSiebenSat.1 at €7.00 per share.
MFE raises offer for ProSiebenSat.1 shares
MFE-MediaForEurope, the Italian media company controlled by the Berlusconi family, has raised its offer for shares in German broadcaster ProSiebenSat.1, reinforcing its ambition to create a pan-European television group.
German State Minister warns of Berlusconi threat to journalistic independence at ProSiebenSat.1
German Minister of State for Culture Wolfram Weimer fears the loss of journalistic independence at ProSiebenSat.1 should the media company come under the full control of the Italian holding company […]
ProSiebenSat.1 boards say PPF offer too low, but remain neutral
The Executive and Supervisory Boards of ProSiebenSat.1 have issued a neutral stance on a partial acquisition offer by Czech investment group PPF, despite raising concerns that the €7.00-per-share bid undervalues […]
PPF launches €7.00 per share offer for ProSiebenSat.1
Czech investment firm PPF Group has initiated a public acquisition offer to ProSiebenSat.1 shareholders, proposing an all-cash deal of €7.00 per share.
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.
MFE launches takeover offer for ProSiebenSat.1
Italian media company MFE-MediaForEurope has officially opened the acceptance period for its voluntary public takeover offer for German broadcaster ProSiebenSat.1, following approval from Germany’s Federal Financial Supervisory Authority (BaFin).
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.