Overview
- MFE’s holding now exceeds 60% following PPF’s transfer of its 15.68% stake, with market estimates placing the position near 62–63%.
- The public offer remains open until September 1, with market projections suggesting MFE could reach roughly 70–75% by the close.
- Financing is secured through a roughly €3.4 billion credit line, and ProSiebenSat.1’s about €2.1 billion gross debt could be renegotiated due to the change of control.
- Regulatory clearances have been granted, and Pier Silvio Berlusconi is scheduled to meet German Culture and Media Minister Wolfram Weimer in Berlin next week.
- MFE has pledged safeguards on editorial independence and German identity alongside integration plans, while shares rose after the news, including a roughly 9% jump in MFE A and a 3% gain in ProSiebenSat.1.