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Czech Group PPF launches bid to boost ProSiebenSat.1 stake to 29.99% 12 MAY 2025

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Czech Group PPF launches bid to boost ProSiebenSat.1 stake to 29.99%

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.