MFE’s ProSiebenSat.1 Stake Tops 43 Percent

Following the initial acceptance period for its voluntary public takeover offer for ProSiebenSat.1 Media shares, MFE-MEDIAFOREUROPE’s stake in the company has hit 43.57 percent, with PPF concluding its offer with an 18.41 percent stake.

The MFE offer, which has an implied value of €7.99 per ProSiebenSat.1 share, comes with an additional acceptance period, from August 19 to September 1, with the final results to be announced September 4. The PPF offer has expired and cannot be accepted any longer.

Bert Habets, group CEO of ProSiebenSat.1 Media, noted: “MFE and PPF have been important shareholders of ProSiebenSat.1 for a long time. With their offers, they have underscored their long-term investment and commitment to our company. We will now wait for the end of the additional acceptance period for MFE’s offer, which will provide clarity about the future shareholder structure.”