MFE-MediaforEurope Ramps up Takeover Bid Game for ProSiebenSat.1 with a Higher Offer

In a daring move to secure the future of one of Europe’s leading media conglomerates, MFE-MediaforEurope N.V. (MFE) has decided to increase its offer for the acquisition of ProSiebenSat.1 Media SE. MFE’s revised bid seeks to increase the voluntary takeover deal’s share component from 0.4 to 1.3 MFE-A shares, while retaining the same cash amount of EUR 4.48 per ProSiebenSat.1 share. The result is a significant increase in the total value of each ProSiebenSat.1 share under the bid, offering the shareholders a tantalising opportunity.

While PPF IM Limited’s partial acquisition offer of ProSiebenSat.1 remains fixed at EUR 7.00 per share, it is clear that MFE is committed to leading the race in the acquisition game. With the new deal on the table, the forthcoming statement from both the Executive Board and the Supervisory Board on MFE’s enticing revised offer is of great interest to all stakeholders. Stay tuned for the next episode in this high-stakes corporate drama.