PPF IM, an indirect subsidiary of PPF Group, which currently owns a stake of close to 15 per cent in ProSiebenSat.1 Media SE through shares and instruments, has published its decision to launch a public acquisition offer in the form of a partial offer for the acquisition of a number of ProSiebenSat.1 shares yet to […]

MFE-MediaForEurope has announced that the extraordinary shareholders’ meeting held on May 7th approved the authorisation of the board of directors to issue new class A ordinary shares. The transaction is part of the public tender offer announced on March 26th for all shares of ProSiebenSat.1 Media, providing for a mixed consideration in cash and in […]

MFE-MediaForEurope has confirmed its intention to issue a voluntary public takeover offer to increase its stake in German entertainment group ProSiebenSat.1 Media. In the announcement, MFE stated it expected to offer to tendering ProSiebenSat.1 shareholders an offer consideration equal to the three months VWAP of the ProSieben share (as calculated by the German Federal Financial […]

MFE-MediaForEurope, the Italian TV group controlled by the Berlusconi family, has called a board meeting to review a potential takeover bid for German broadcasting rival ProSiebenSat.1, according to a Reuters report. MFE, which runs TV operations across Italy and Spain, already has a near 30 per cent stake in ProSiebenSat.1 as part of a strategy […]

Italy-based media group MFE-MediaForEurope achieved a net profit of €251 million in 2024, up 15 per cent year-on-year and 60 per cent higher than forecast at the beginning of 2024. According to the preliminary financial results for 2024, EBIT reached €370 million, free cash flow amounted to €343 million (+23 per cent), while revenues increased […]

MFE-MediaForEurope, the Italian TV group controlled by the Berlusconi family, has asked a group of banks for a €3.4 billion loan to cover any financing it may require related to a potential takeover of Germany’s ProSiebensat.1, according to a Reuters report. News first emerged in April that MFE was considering a move for ProSiebensat.1 MFE […]

MFE-MediaForEurope (MFE) has reported consolidated net revenues of €1.47 billion for the first half of 2024, an annual increase of 7.8 per cent. Net profit soared to €104.7 million, a 20.2 per cent increase from the previous year, while EBIT rose to €136.3 million (+12.7 per cent), of which Italy accounted for €59.9 million (+53.5 […]

The results of the Annual General Meeting of ProSiebenSat.1 Media on April 30th show that the free-float shareholders have supported all proposals of the Management. This leads to the decision that the motion by MFE-MediaForEurope (MFE) according to which ProSiebenSat.1 should have examined and prepared the separation of the Commerce & Ventures and Dating & […]

The Executive Board and Supervisory Board of ProSiebenSat.1 Media has rejected the proposals of MFE-MEDIAFOREUROPE for the Annual General Meeting on April 30th. The motions submitted by MFE, which is controlled by the Italian Berlusconi family, include proposals for a split-up of the company, the composition of the Supervisory Board and the restriction of the […]

Italy-based broadcasting group MFE-MediaForEurope is expected to close 2023 with profit exceeding €217 million, the figure recorded in the previous year. This figure does not include the effects of adding ProsiebenSat.1 to their finances. Advertising revenues in Spain and Italy are expected to grow by 5 per cent compared to the same period in 2023. The […]