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ProSiebenSat.1 Media SE

M&A Activity Jun 16, 2008

339_rns_2008-06-16_3cf72489-4567-4b32-a670-def085afb9b4.html

M&A Activity

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News Details

Ad-hoc | 16 June 2008 06:38

ProSiebenSat.1 Group sells Pay-TV company C More to Swedish TV4ProSiebenSat.1 Media AG:

ProSiebenSat.1 Media AG / Strategic Company Decision

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


Ad hoc Publication pursuant to Sec. 15 German Securities Trading Act (WpHG)

ProSiebenSat.1 Group sells Pay-TV company C More to Swedish TV4
Munich, June 16, 2008. ProSiebenSat.1 Group is to sell the C More Group AB
to Swedish broadcaster TV4. The respective share purchase agreement was
signed today. C More Group AB is the holding company for the Pay-TV
activities of the ProSiebenSat.1 Group in Denmark, Finland, Norway and
Sweden. The buyer, TV4 AB, is part of the Swedish Bonnier Group. The
enterprise value underlying the transaction amounts to ca. SEK 3 billion.
This corresponds to approximately EUR 320 million. The closing of the
transaction is subject to approval by antitrust authorities.

Contact:

Julian Geist

Head of

Corporate Communications

ProSiebenSat.1 Media AG

Medienallee 7

D-85774 Unterföhring

Ph. +49 [89] 95 07-1151

Fax +49 [89] 95 07-1184

email:

[email protected]

Press release online:

www.ProSiebenSat1.com

16.06.2008 Financial News transmitted by DGAP

Language: English
Issuer: ProSiebenSat.1 Media AG
Medienallee 7
85774 Unterföhring
Deutschland
Phone: +49 (0)89 9507-1180
Fax: +49 (0)89 9507-1184
E-mail: [email protected]
Internet: www.prosiebensat1.com
ISIN: DE0007771172
WKN: 777117
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart

End of News DGAP News-Service


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