ProSiebenSat.1: PPF challenges MFE with higher offer
- PPF Group launched a competing all-cash offer on May 14, 2025, to increase its stake in German broadcaster ProSiebenSat.1 Media to 29.9 percent.
- The offer follows several months of pursuit by Media For Europe , creating a contest amid a turbulent market environment and challenges for ProSiebenSat.1.
- PPF proposes a €7.00 per share bid, representing a 21% premium over MFE's implied value and a 17% premium over ProSiebenSat.1's closing price on May 9, 2025.
- PPF CEO JiY `mejc stated, "We put forward a compelling all-cash offer" and plans a more active Supervisory Board role, while ProSiebenSat.1's executive board welcomes this support.
- The offer allows shareholders to monetize shares immediately without long-term risks and positions PPF for stronger influence without seeking full control.
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Prosiebensat, the Czechs of Ppf launch a 7 euro opa to bring to 29.99% of German TV: challenge to Mediaset
The Czech group intends to increase compared to the current 15% and to bring to the side of the participation of Berlusconi who, in turn, have just launched a "Opa" to 5,7 euros on Prosiebensat
·Italy
Read Full ArticlePPF Group seeks to expand ProSiebenSat holding
Czech investment group PPF IM Ltd has announced a partial offer to ProSiebenSat shareholders. The company wants to increase its holding in the company. Currently the second largest shareholder in the German broadcaster, PPF has a current stake of around 15 per cent. The new offer would take its holding “up to” 29.9 per cent, just beneath the threshold at which an acquisition offer would become compulsory under German law. PPF will offer sharehol…
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