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ProSiebenSat.1 Media SE
M&A Activity • May 12, 2025
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M&A Activity
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News Details
Ad-hoc | 12 May 2025 07:49
ProSiebenSat.1 Media SE: PPF announces public acquisition offer to increase its stake in ProSiebenSat.1 to up to 29.99%
ProSiebenSat.1 Media SE / Key word(s): Miscellaneous
ProSiebenSat.1 Media SE: PPF announces public acquisition offer to increase its stake in ProSiebenSat.1 to up to 29.99%
12-May-2025 / 07:49 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
Unterföhring, May 12, 2025. PPF IM LTD, an indirect subsidiary of PPF Group N.V. (PPF), who currently owns a stake of close to 15% in ProSiebenSat.1 Media SE through shares and instruments, today published its decision to launch a public acquisition offer in the form of a partial offer for the acquisition of a number of ProSiebenSat.1 shares yet to be determined to achieve a shareholding in ProSiebenSat.1 of up to 29.99% of the share capital. The offer will provide for an all-cash consideration in the amount of 7.00 euros per share. PPF also confirmed its full support for the Company’s strategy.
The Executive Board of ProSiebenSat.1 welcomes the offer announced by PPF today. It also appreciates the elevated commitment of PPF to ProSiebenSat.1 as long-term oriented major shareholder, demonstrated by PPF’s intention to increase its stake at a premium, as well as its continued support for the Executive Board and the execution of its strategy.
ProSiebenSat.1 notes that the offer is not intended to acquire a controlling interest in the Company and, accordingly, will not extend to the acquisition of all outstanding shares. It will provide shareholders, who prefer to monetize their investment short-term, with a better all-cash alternative to the public takeover offer published by MFE-MEDIAFOREUROPE N.V. (MFE) on 8 May 2025 at a premium of approx. 21% to the implied MFE offer consideration as of 9 May 2025.
Following publication of the offer document, the Executive Board and the Supervisory Board of the Company will issue their respective legally required reasoned statement on the offer announced by PPF.
Contact:
Stefanie Rupp-Menedetter
Head of Group Communications & Events
ProSiebenSat.1 Media SE
Medienallee 7 · D-85774 Unterföhring
Tel. +49 89 950 725 98
Mobil +49 17 283 527 03
End of Inside Information
12-May-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | ProSiebenSat.1 Media SE |
| Medienallee 7 | |
| 85774 Unterföhring | |
| Germany | |
| Phone: | +49 (0)89 9507-1463 |
| Fax: | +49 (0)89 9507-91463 |
| E-mail: | [email protected] |
| Internet: | www.prosiebensat1.com |
| ISIN: | DE000PSM7770 |
| WKN: | 777117 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
| EQS News ID: | 2134638 |
| End of Announcement | EQS News Service |
2134638 12-May-2025 CET/CEST