Berlusconi Family’s MFE Takes Majority Stake in ProSiebenSat.1

MFE has secured a 75.61 percent stake in ProSiebenSat.1 Media following its voluntary public offer to shareholders.

PPF, the second strategic shareholder in ProSiebenSat.1, is tendering about 15.68 percent of ProSiebenSat.1’s outstanding share capital into the MFE offer.

Bert Habets, group CEO of ProSiebenSat.1 Media, noted: “MFE becoming our majority shareholder marks an important milestone for ProSiebenSat.1. Together, we cover five core European markets, with ProSiebenSat.1 being a leader in Germany, Austria and Switzerland, and MFE in Italy and Spain, reaching a combined population of about 210 million people. In the coming weeks, we will work closely with MFE to identify the most promising opportunities for a deepened collaboration and align our vision for the future. I would also like to sincerely thank PPF for their commitment and valuable strategic contributions as a major shareholder over the past three years, which have helped to accelerate ProSiebenSat.1’s transformation.”