MFE-MEDIAFOREUROPE N.V. announces voluntary public takeover offer for ProSiebenSat.1 Media SE – Executive Board and Supervisory Board will review offer
Unterföhring, March 26, 2025. MFE-MEDIAFOREUROPE N.V. today announced its decision to launch a voluntary public takeover offer to the shareholders of ProSiebenSat.1 Media SE. According to MFE, the offer price is expected to correspond to the statutory minimum price and is expected to be paid 78% in cash and 22% in newly issued MFE A-shares. The statutory minimum price, to be calculated by the German Federal Financial Supervisory Authority, corresponds to the three-months volume-weighted average price of ProSiebenSat.1 shares.
ProSiebenSat.1 expects this average price per share to be around EUR 5.75. The closing price of ProSiebenSat.1 shares in Xetra trading today was EUR 6.53.
The Executive Board and the Supervisory Board of ProSiebenSat.1 will carefully review the offer after publication of the offer document and will subsequently issue their reasoned opinion as required under Sec. 27 of the German Securities Acquisition and Takeover Act.