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    PPF secures 18.4% in ProSieben as competitive bidding comes to a head

    Picture of Prosiebensat 1 Media SE logoProsiebensat 1 Media SE
    18/08/2025 12:33
    Aug 18 (Reuters) -
Czech investment company PPF PPFGP.UL said on Monday it had secured 18.4% of shares in ProSiebenSat.1 PSMGn.DE through its tender offer, posing a challenge for rival bidder MediaForEurope (MFE), who earlier secured a 43.6% stake in the German media group.

MFE, owned by the family of late Italian Prime Minister Silvio Berlusconi, had made a bid for all remaining shares in ProSieben, while PPF had targeted a doubling of its stake in  the German group to 29.99%.

 (Reporting by Ludwig Burger, Editing by Rachel More)

 ((ludwig.burger@thomsonreuters.com;))

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