Overview

• Weimer’s demands include guarantees on journalistic independence and a commitment to keep ProSiebenSat.1’s headquarters in Germany as a condition for any takeover.
• MFE raised its offer to approximately €8.15 per share by adding 1.3 MFE-A shares to €4.48 in cash, driving ProSiebenSat.1 shares up about 10%.
• PPF has maintained its €7 cash bid to increase its stake toward 29.99% but has yet to improve its offer and is weighing next steps.
• The acceptance period runs until August 13 and may extend by two weeks if bids increase after July 30, setting the stage for further summer negotiations.
• MFE seeks to fold ProSiebenSat.1 into a pan-European network to rival US streaming giants, whereas PPF pledges to preserve the broadcaster’s autonomy and local roots.