Tag: MFE-MEDIAFOREUROPE

Marco Giordani is succeeding Bert Habets as CEO of ProSiebenSat.1 as MFE extends its control over the German media group.

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

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.

ProSiebenSat.1 Media's executive and supervisory boards have recommended the group accept the improved public takeover offer by MFE-MEDIAFOREUROPE.

ProSiebenSat.1 Media's executive and supervisory board are advising shareholders against the voluntary public takeover offer made by MFE-MEDIAFOREUROPE, concluding that it is inadequate from a financial perspective.