MediaForEurope (Mediaset) launches takeover bid to increase its stake in the ProSiebenSat.1 group

The Italian MediaForEurope group (MFE, owner of the Mediaset and Mediaset España groups) has launched a takeover bid to increase its stake in the German audiovisual group ProSiebenSat.1, in which it currently holds a 26.58% stake, announced the group on 26/03/2025.

"The takeover offer will be subject to customary conditions such as market and business-related material adverse change clauses and regulatory clearances and other conditions. Also today, MFE entered into an irrevocable undertaking with an existing shareholder of ProSieben pursuant to which such shareholder has irrevocably undertaken to accept the takeover offer for part of the ProSieben shares currently held. Such undertaking secures that MFE will in any event hold more than 30% of the share capital of ProSieben upon completion of the takeover offer," said the Italian group.

"The executive board and the supervisory board of ProSiebenSat.1 will carefully review the offer after publication of the offer document and will subsequently issue their reasoned opinion as required under Sec. 27 of the German Securities Acquisition…