MFE-Mediaforeurope formally announced the final results of the voluntary public takeover offer to the shareholders of ProSiebenSat.1 Media SE. Following the end of the additional acceptance period of the MFE offer on September 1, 2025, 24:00 hours (CEST), MFE has secured a total stake of 75.61% of ProSiebenSat.1 shares through its voluntary public takeover offer, previously held shares by MFE and acquisitions made outside the offer. PPF, the second strategic shareholder in ProSiebenSat.1, announced that they have decided to tender shares, representing approximately 15.68% of ProSiebenSat.1’s outstanding share capital, into the MFE offer.
Bert Habets, Group CEO of ProSiebenSat.1 Media SE, stated: "MFE becoming our majority shareholder marks an important milestone for ProSiebenSat.1. Together, we cover five core European markets, with ProSiebenSat.1 being a leader in Germany, Austria and Switzerland, and MFE in Italy and Spain, reaching a combined population of about 210 million people. In the coming weeks, we will work closely with MFE to identify the most promising opportunities for a deepened collaboration and align our vision for the future. I would also like to sincerely thank PPF for their commitment and valuable strategic contributions as a major shareholder over the past three years, which have helped to accelerate ProSiebenSat.1’s transformation."
ProSiebenSat.1 remains focused on driving the digital transformation of the entertainment business and increasing value for all stakeholders. Building on the progress achieved in the first half of 2025, ProSiebenSat.1 is committed to further establishing Joyn as the leading advertising-financed streaming platform in the German-speaking region, continuing to drive significant, double-digit growth in reach and engagement.
MFE already owns Mediaset in Italy and Mediaset España, and will likely now become Europe’s largest broadcasting group. MFE CEO Pier Silvio Berlusconi believes only a business of this scale can compete with digital rivals such as Netflix and YouTube. MFE has been building its stake in ProSieben since 2019 and before the voluntary takeover process began, it owned about 30%. It became involved in a tussle with rival shareholder PPF IM, which last month decided to end its pursuit of control and sell up to MFE.