Home > Finance > PPF secures 18.4% in ProSieben as competitive bidding comes to a head
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

Featured image for article about Finance

(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)

Related Posts
Stocks slip ahead of central bank decisions, key data
Stocks slip ahead of central bank decisions, key data
Analysis-Old meets new economy: AI boom to supercharge European banks' rally
Analysis-Old meets new economy: AI boom to supercharge European banks' rally
Bank of England heads for close vote on likely rate cut
Bank of England heads for close vote on likely rate cut
EU yields to pressure from automakers as it rethinks 2035 combustion car ban
EU yields to pressure from automakers as it rethinks 2035 combustion car ban
Analysis-Wild currency swings put emerging markets in the spotlight
Analysis-Wild currency swings put emerging markets in the spotlight
Currencies on guard ahead of major central bank decisions, key US data
Currencies on guard ahead of major central bank decisions, key US data
Oil rises as Venezuelan supply disruptions outweigh surplus concerns
Oil rises as Venezuelan supply disruptions outweigh surplus concerns
UK regulation of cryptoassets to start in October 2027, finance ministry says
UK regulation of cryptoassets to start in October 2027, finance ministry says
Released Belarus prisoners have no regrets over their actions
Released Belarus prisoners have no regrets over their actions
Hanukkah security ramped up around the world after Bondi shootings
Hanukkah security ramped up around the world after Bondi shootings
Russian ban on Roblox gaming platform sparks rare protest
Russian ban on Roblox gaming platform sparks rare protest
UK's Starmer and EU's von der Leyen discuss Ukraine peace plan, frozen Russian assets
UK's Starmer and EU's von der Leyen discuss Ukraine peace plan, frozen Russian assets
;