Search results for prosiebensat.1

With over 98% shareholder approval, Kyriacou brings nearly 30 years of global media leadership to accelerate ProSiebenSat.1’s strategic focus on entertainment and digital transformation.

The €7.00 per share all-cash offer values the stock at a 31.5% premium to its three-month average. PPF currently holds 15.04% and aims to nearly double its stake without triggering a mandatory takeover. With this offer, PPF emerges as a stronger counterweight to MediaForEurope (MFE), the investment vehicle of Italy’s Berlusconi family.

According to Ampere, the acquisition would position MFE among the top players in Europe, with €3.6 billion in combined TV ad revenues and a stronger presence in key markets beyond Italy and Spain.

Dr. Katrin Burkhardt and Simone Scettri stand for re-election.

MediaForEurope has confirmed a €1.1 billion minimum offer to acquire full control of ProSiebenSat.1, where it already holds a 29% stake. The offer is priced at €1.06 per share, matching the legal minimum.