MFE prepares the supply for continuation: the board meets to resolve | EUROtoday

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A board of administrators convened for immediately, Wednesday 26 March 2025, to resolve the right way to transfer on continuation. The Mfe-MediaForeurope tv group might resolve for a doable supply, stories the Reuters who cites sources to help the information.

The recreation began in May 2019, six years in the past, with a primary entry to 9.6% till they spherical up the share on the brink of Opa: 29.9% and over 30% of the voting rights would subsequently appear to the Redede In addition to this threshold, in line with the German laws, the duty of a public buy supply is mechanically triggered.

Two choices on the desk

According to Reuters reported in Wednesday’s board, MFE ought to talk about two strategic options, each centered on an extra improve of their participation in continuation. According to the sources, any operation ought to be accomplished earlier than the General Assembly of Shareholders of Prosieben, scheduled for May twenty eighth.

Behind this transfer, as acknowledged a number of instances, the strategic imaginative and prescient of the group led by Pier Silvio Berlusconi has been hidden: create a pan -European broadcaster able to competing with the streaming giants akin to Netflix and with dominant promoting platforms, Facebook and Google. The acquisition of Prosieben could be a vital step on this path.

Financing

The Mediaset group has already ready a package deal of € 3.4 billion funding to help a possible acquisition. Of these, as much as 2.1 billion could be wanted to complete the Unterföhring Broadcaster debt, which supplies for a “control change clause” within the occasion that an shareholder exceeds 50% of the voting rights.