US EditionPPF Maintains All-Cash Offer for ProSiebenSat.1 at 7€ per Share
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In the international bidder battle for ProSiebenSat.1 the Italian group MediaForEurope (MFE) is now in advantage. The competing Czech financial investor PPF will not increase its offers, as the company announced. "The current offer represents the best and final offer of PPF", the announcement stated.
PPF maintains all-cash offer for ProSiebenSat.1 at 7€ per share
Czech investment group PPF will maintain its public acquisition offer in the form of a partial offer to the shareholders of ProSiebenSat.1 at €7.00 per share. PPF will not raise the offer price, the company affirms in a statement, adding that the current offer represents “PPF’s best and final offer”. Italian media group MFE-MediaForEurope recently increased the share component of its competing offer from 0.4 to 1.3 MFE A shares per ProSiebenSat.…
In the bidder fight for ProSiebenSat1 a decision is emerging. After the Italian Berlusconi media group has increased its offer, the Czech competition no longer follows.
End of the banner bar: In the bidder contest for ProSiebenSat.1, the Czech major shareholder PPF does not want to improve its offer of 7 euros in cash per share. The Group points out that the Italian competitor MFE offers only 4.48 euros per share in cash and increases with 1.3 own shares, which corresponded to 8.15 euros per share on the reporting date July 25. PPF also points to the different strategies: While MFE is in favour of a pan-Europea…
Domestic investment group PPF will not increase its offer for the public purchase of shares in German media company ProSiebenSat.1 to the amount of seven euros per share. PPF will not increase the value of the offered consideration and its current offer is therefore final. It stated this in a press release. It responded to the improved...
Munich TV Group hopes for economic recovery. Berlusconis MFE-MediaForEurope now holds at least 32.95 percent
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