Overview

• Media for Europe has raised its proposal to 1.3 MFE shares plus €4.48 in cash per ProSiebenSat.1 share, valuing each at about €8.62.
• PPF Group is seeking a blocking minority with a €7 per share offer to lift its stake to 29.99%.
• CEO Bert Habets said the revised terms demonstrate MFE’s long-term commitment and promised a detailed assessment next week.
• Shareholders have until August 13 to accept either takeover bid as both investors vie for strategic influence.
• Culture State Minister Wolfram Weimer has warned of potential threats to journalistic independence, triggering oversight from the Bavarian media authority.