MFE-MediaForEurope, the largest investor in German media company ProSiebenSat.1, called on shareholders to back a plan to spin-off its e-commerce and dating assets at the AGM on 30 April, 2024.
ProSiebenSat.1 deepens ties with MFE MediaForEurope
German broadcaster ProSiebenSat.1 is intensifying its hook-up with Italian media company MFE MediaForEurope in the face of declining advertising revenues and competition from US streaming players.
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.
CNMV approves Mediaset España takeover
Spain’s National Securities Market Commission (CNMV) has approved the voluntary takeover of Mediaset España by MFE- MediaforEurope (MFE).