Berlusconi's MFE wins control of German broadcaster in Europe push, gains 60% stake.

Wednesday, Aug 27, 2025 2:04 pm ET1min read

MFE-MediaForEurope, founded by Silvio Berlusconi, will control around 60% of ProSiebenSat.1 Media SE after the Czech billionaire Renata Kellnerova's PPF Group NV agreed to sell its 16% stake. The move will make MFE one of the most influential European television groups, competing with US streaming giants like Netflix and Amazon.

MFE-MediaForEurope, the broadcaster founded by the late Italian Prime Minister Silvio Berlusconi, has secured a significant stake in ProSiebenSat.1 Media SE. Czech billionaire Renata Kellnerova's PPF Group NV agreed to sell its 16% stake in the German television group, which will give MFE control over around 60% of ProSiebenSat.1 [2].

This acquisition is part of MFE's strategic plan to create a pan-European television champion capable of competing with U.S. streaming giants such as Netflix and Amazon Prime [1]. MFE's initial offer secured a 43.6% stake in ProSiebenSat.1 earlier this month, and shareholders have been given additional time to tender their shares [1].

PPF Group NV, which had been the second-largest shareholder in ProSiebenSat.1, decided to sell its stake after MFE sweetened its public tender offer. The decision to tender the shares into MFE's offer and unwind remaining financial instruments follows PPF's unsuccessful attempts to attract takers for its own share purchase offer [1].

The acquisition is set to transform MFE into one of the most influential European television groups, fulfilling the Berlusconi family's long-standing goal of building a pan-European broadcaster. The results of MFE's offer are expected to be formally announced on September 4 [1].

References:
[1] Reuters. (2025, August 27). Italy's MFE set to clinch Germany's ProSieben after PPF quits fight. Retrieved from https://www.reuters.com/markets/emerging/italys-mfe-set-clinch-germanys-prosieben-after-ppf-quits-fight-2025-08-27/
[2] Bloomberg. (2025, August 27). Berlusconi's MFE wins control of ProSieben in Europe push. Retrieved from https://www.bloomberg.com/news/articles/2025-08-27/berlusconi-s-mfe-wins-control-of-prosieben-in-europe-push

Berlusconi's MFE wins control of German broadcaster in Europe push, gains 60% stake.

Comments



Add a public comment...
No comments

No comments yet