Overview

• PPF agreed to sell its roughly 15.7% holding in ProSiebenSat.1 to MFE and will unwind remaining takeover instruments.
• MFE had reported 43.6% after the first offer period, and acquiring PPF’s shares lifts its stake above 50% and near 60%.
• Shareholders can still tender shares to MFE until September 1 under the ongoing offer.
• Prior EU and German competition filings indicated no antitrust hurdles, while officials have called for editorial‑independence safeguards.
• MFE will consolidate more than €1 billion of ProSiebenSat.1 debt and says financing arrangements with banks are in place.