Berlusconi’s MFE poised to make takeover bid for Germany’s ProSieben

For years, Berlusconi-Holding Media For Europe has acquired shares in the Munich-based media group ProSiebenSat.1. Now the point for a takeover offer has been reached. Head of the company Pier Silvio Berlusconi gives an urgent warning.

MediaForEurope wants to expand its influence on ProSiebenSat.1. It is about creating value for all shareholders, "before it's too late." Investors' response was negative.

Berlusconi Family TV Group MFE Makes Lowball Bid For Rest Of ProSieben

MFE-MediaForceEurope, the television holding of Italy’s Berlusconi family, has launched a public tender offer for the stake of German broadcaster ProSiebenSat.1 Media it doesn’t own. The company already holds 30% of ProSieben but said in an announcement today that it wants to gain the “flexibility and optionality” that would come with greater control. The move […]

The Italian company has long been interested in the Bavarian television company. ProSiebenSat.1 had long resisted such a move.

Berlusconi Family’s MediaForEurope TV Group Launches Takeover Bid for Germany’s ProSieben

The Berlusconi family's MFE-MediaForEurope TV group launched a takeover bid for Germany's ProSieben in a move to create a pan-European broadcaster.

The offer was decided at the board of directors meeting, five years after the group's first investment in the first German commercial television