Acquisition decision by ProSiebenSat.1 announced today with the release of the results
In a significant development, Media for Europe (MFE) has secured a substantial 43.57% stake in ProSiebenSat.1, moving closer to a full takeover of the German media giant. The offer's initial acceptance period ended on August 13, 2025, and an additional acceptance period will close on September 1, 2025 [1][5].
MFE, an Italian media company, has demonstrated its commitment to ProSiebenSat.1 as part of a pan-European media project. The company's bid was initially recommended by ProSiebenSat.1's management and supervisory board to shareholders [2].
The Czech financial investor PPF Group, via its subsidiary PPF IM Ltd, also holds a substantial 18.41% stake in ProSiebenSat.1 after concluding its own offer [1]. However, PPF's offer has expired and can no longer be accepted.
ProSiebenSat.1, along with RTL, is one of the largest private television providers in Germany. The result of the bidding for ProSiebenSat.1 Media (WKN: PSM777) will be announced today.
It's important to note that MFE is owned by the children of the late former Italian prime minister Silvio Berlusconi. The deal is moving towards completion, pending shareholder acceptance and regulatory approvals into late August and early September 2025.
The takeover battle for ProSiebenSat.1, led by MFE, is expected to be resolved today. Since December 2023, shareholders who participated in the takeover speculation have seen a significant increase in the stock price [6].
No new information about MFE's plans for a pan-European broadcasting group or the EU Commission and the German Federal Cartel Office's involvement in the takeover process was provided [3]. However, there are no competitive concerns in Germany regarding MFE's takeover of ProSiebenSat.1 [7].
The takeover is pending completion of merger control clearance in the US if required [1]. A majority vote is required for the takeover to be successful.
[1] ProSiebenSat.1 Media SE: MFE increases offer to EUR 70.00 per share (www.prosieben.de) [2] ProSiebenSat.1 Media SE: Management and Supervisory Board find MFE offer appropriate (www.prosieben.de) [3] No new information about MFE's plans for a pan-European broadcasting group was provided (www.prosieben.de) [4] ProSiebenSat.1 Media SE: MFE exceeds the 25% threshold (www.prosieben.de) [5] ProSiebenSat.1 Media SE: Additional acceptance period for MFE offer (www.prosieben.de) [6] Since December 2023, ProSiebenSat.1's stock has gained around 70 percent (www.prosieben.de) [7] There are no competitive concerns in Germany regarding MFE's takeover of ProSiebenSat.1 (www.prosieben.de)
The business sphere has seen open competition between Media for Europe (MFE) and PPF Group in the industry, as they aim to secure a significant stake in ProSiebenSat.1, a major German media giant. Despite the expiration of PPF's offer, MFE's bid, initially recommended by ProSiebenSat.1's management and supervisory board, continues to attract shareholder attention, particularly in the realm of finance. This takeover battle, if successful, may potentially impact the broader business landscape, particularly in the media and television sectors.
