Mediaset increases stake in ProSiebenSat.1 to 24.9%

Nieuws Video Duitsland 24 APR 2020
Mediaset increases stake in ProSiebenSat.1 to 24.9%

Italian commercial broadcaster Mediaset said it has increased its stake in German broadcaster ProSiebenSat.1 by 4.1 percent to 24.9 percent. In March, it had announced the acquisition of another 4.25 percent, bringing its stake to just under 20 percent. Mediaset plans to create a pan-European media group under a Netherlands-based holding company called Media for Europe (MFE). Its shareholders have approved the plan.

Categories:

Video

Companies:

Mediaset,  ProSiebenSat.1

Countries:

Duitsland

Tags:

Shareholders & subsidiaries, Broadcast, M&A buyouts & divestments

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