Milan, Italy, March 26, 2025 (AFP) - Berlusconi media group makes takeover bid for German rival

NAMPA / AFP

2025-03-27

Italian media group MediaForEurope (MFE) announced a takeover bid Wednesday for German rival ProSiebenSat.1 Media with the ambition of creating a European giant capable of competing with online TV services such as Netflix. MFE -- controlled by the family of late Italian prime minister Silvio Berlusconi, and formerly known as Mediaset -- wants to increase its 29.99-percent stake in ProSeibenSat.1 to a controlling share. It should offer around 5.70......

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