ProSiebenSat.1 Rejects MFE Takeover Bid as Financially Inadequate; PPF Open to Teaming with Berlusconi's MFE

ProSiebenSat.1 has publicly criticized the takeover bid from MFE, describing the offer as financially inadequate. The German media company has urged its shareholders to reject the bid, emphasizing that the proposal does not meet their financial expectations. Meanwhile, sources indicate that the Czech investment group PPF is open to collaborating with MFE, the holding company controlled by the Berlusconi family, to pursue the acquisition of ProSiebenSat.1. This development suggests potential strategic partnerships may form to strengthen the bid for the German broadcaster.