Berlusconi Family’s MediaForEurope Takes 75.61% Stake in German Broadcaster ProSiebenSat.1

MediaForEurope, the TV group controlled by Italy’s Berlusconi family, has raised its stake in German broadcaster ProSiebenSat.1 to 75.61%, and will become the majority shareholder. PPF, the second largest shareholder in ProSiebenSat.1, have decided to tender its shares, representing 15.68% of ProSiebenSat.1’s share capital, into the MFE offer. MFE, which is headed by Pier Silvio […]