Finance
PPF secures 18.4% in ProSieben as competitive bidding comes to a head
Published by Global Banking and Finance Review
Posted on August 18, 2025
1 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on August 18, 2025
1 min readLast updated: January 22, 2026
PPF acquired 18.4% of ProSieben shares, challenging MFE's 43.6% stake, intensifying the bidding war in the German media market.
(Reuters) -Czech investment company PPF said on Monday it had secured 18.4% of shares in ProSiebenSat.1 through its tender offer, posing a challenge for rival bidder MediaForEurope (MFE), who earlier secured a 43.6% stake in the German media group.
MFE, owned by the family of late Italian Prime Minister Silvio Berlusconi, had made a bid for all remaining shares in ProSieben, while PPF had targeted a doubling of its stake in the German group to 29.99%.
(Reporting by Ludwig Burger, Editing by Rachel More)
Equity refers to the ownership interest in a company, represented by shares of stock. It signifies the value of ownership after all liabilities have been deducted.
A tender offer is a public proposal to purchase some or all of shareholders' shares at a specified price, usually at a premium over the current market price.
A stake in a company refers to the ownership percentage held by an individual or entity, typically represented by shares of stock.
A bidding process is a competitive procedure where multiple parties submit offers to acquire assets, contracts, or shares, often leading to negotiations and final agreements.
MediaForEurope (MFE) is a media investment company that aims to acquire stakes in various media companies, enhancing its influence in the media landscape.
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