Italian media company MFE-MediaForEurope has confirmed its voluntary public takeover offer for shares in German broadcaster ProSiebenSat.1, with an offer price of €5.74 per share.
MFE launches takeover bid to increase ProSiebenSat.1 stake
Italian media group MFE-MediaForEurope has announced a voluntary public takeover offer to increase its stake in German broadcaster ProSiebenSat.1.
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.
ProSiebenSat.1 and General Atlantic agree on stake buyout, Verivox sale
German media company ProSiebenSat.1 has approved a proposed agreement with private equity firm General Atlantic to acquire its minority stakes in NuCom Group (excluding Flaconi) and ParshipMeet Group, while also […]
ProSiebenSat.1 faces major job cuts in shareholder turmoil
German media company ProSiebenSat.1 is reportedly planning a significant round of job cuts.
MFE steps up plan for European expansion
Italian broadcaster MFE-MediaForEurope has announced plans to accelerate its expansion across Europe.
MFE lines up €3.4bn loan for ProSiebenSat.1 takeover
Italian broadcaster MFE-MediaForEurope has asked a group of banks for a €3.4 billion euro loan to cover any financing it may need related to a possible takeover of German media […]
ProSiebenSat.1 shareholders reject split-up at AGM
German media company ProSiebenSat.1 will not be split up. The proposal by its largest investor MFE-MediaForEurope did not get the required majority at today’s AGM in Munich.
MFE secures bank support for potential €4bn ProSiebenSat.1 bid
Italian broadcast group MFE-MediaForEurope held talks in recent months with various banks ready to fund a potential bid for German media company ProSiebenSat.1.
ProSiebenSat.1 boards reject MFE proposals
The Executive Board and Supervisory Board of ProSiebenSat.1 reject the proposals which the German media company’s largest shareholder MFE-MediaForEurope made for the AGM on 30 April 2024.