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ProSiebenSat.1 Calls MFE Takeover Bid “Inadequate From A Financial Perspective”

Summary by Deadline
ProSiebenSat.1 Media’s board has advised shareholders to reject the takeover bid launched by the Berlusconi family’s MediaForEurope. Both the executive board and the supervisory board have assessed the voluntary public takeover offer and now called it “inadequate from a financial perspective.” ProSieben said Morgan Stanley and Goldman Sachs had supported their view. The offer of €4.48 in cash and 0.4 MFE-A shares, valuing each ProSieben shar…

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No surprise: ProSiebenSat.1's Executive Board and Supervisory Board advise their shareholders not to accept the takeover offer from major investor MFE because it is not appropriate from a financial point of view. To this end, the boards also refer to their consultants Morgan Stanley and Goldman Sachs. Furthermore, the boards state that MFE intends to welcome the support in the implementation of the strategy of ProSiebenSat.1, and to support ente…

The tug-of-war for more influence at Pro Sieben Sat 1 Media continues. In a statement, the Management Board and Supervisory Board now advise the shareholders not to accept Media for Europe's offer, which is "not appropriate".

The Executive Board and the Supervisory Board of the German media group oppose the takeover plans of the Italian MFE holding, which belongs to the heirs of Silvio Berlusconi. ProSiebenSat.1 management does not consider the offer to be financially appropriate.

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Deadline broke the news in Los Angeles, United States on Thursday, May 22, 2025.
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