Aug 27 (Reuters) - Prosiebensat 1 Media SE PSMGn.DE:
PPF HAS DECIDED TO TENDER ITS 36,539,628 SHARES, APPROXIMATELY 15.68% OF PROSIEBENSAT.1’S OUTSTANDING SHARE CAPITAL, INTO MFE-MEDIAFOREUROPE’S (“MFE”) OFFER - PPF STATEMENT
PPF SAYS PPF’S LIMITED ACCEPTANCE MAKES IT IMPOSSIBLE FOR PPF TO CONTINUE ITS ORIGINAL ROLE AS A STRATEGIC INVESTOR
PPF SAYS WITH ALREADY MORE THAN 43% OF PROSIEBENSAT.1 VOTING RIGHTS, MFE’S SHAREHOLDING IS VERY LIKELY SUFFICIENT TO SECURE A SIMPLE MAJORITY AT EVERY PROSIEBENSAT.1 SHAREHOLDER MEETING
Further company coverage: [PSMGn.DE]
(reporting by Jan Lopatka in Prague)
((prague.newsroom@thomsonreuters.com; +420 234 721 614;))