Advanced Television

MFE

Berlusconi takes control of 83% of Mediaset Spain

Italian Group Media for Europe (MFE), owned by Silvio Berlusconi, will hold 82.92 per cent of Mediaset Spain after waiving the minimum acceptance threshold standing at 85 per cent. The Group – already owner of 55.69 per cent of the Spanish company – plans to take Mediaset Spain out of the Stock Market when the […]

July 8, 2022From David Del Valle in Madrid

Berlusconi eyes Channel 4

MediaForEurope (MFE), controlled by the family of Silvio Berlusconi, will certainly look at Channel 4 when it is put up for sale, its CFO Marco Giordani has declared. The UK government plans to sell Channel 4, but the necessary legislation still needs to be passed and it faces stiff opposition. But if it does go […]

June 30, 2022

MFE ups Mediaset cash offer

MediaForEurope (MFE – the renamed Mediaset) has upped by 16 per cent the cash part for its bid for its own Spanish-listed subsidiary Mediaset Espana. MFE said that the share consideration was unchanged and claimed that Mediaset Espana was now recommending MFE‘s improved offer. MFE said it would offer 4.5 of its ordinary A shares […]

June 7, 2022

MFE-MediaforEurope sees net profit in Q1

The first quarter 2022 results from MFE-MediaforEurope have not been significantly impacted by the ongoing geo-political crisis and its economic consequences. Consolidated net revenues were up three per cent to €654.3 million, of which the Italian market accounted for €466.3 million (up from €450.2 million) and Spain contributed with the remaining €188 million (compared with […]

May 26, 2022From Branislav Pekic in Rome

Pro7 not keen on MFE merger

The CEO of Germany’s commercial broadcasting network ProSiebenSat.1, Rainer Beaujean, has said while that he is open to formal takeover offers, he would not believe in either a German merger with RTL nor a cross-border deal with MFE (MediaForEurope). While the former deal seems impossible to him due to the regulatory environment, he told the […]

May 4, 2022By Chris Forrester

Bank analyses MFE’s Mediaset bid

MFE-MediaForEurope, the Berlusconi-backed broadcaster, has announced a bid for the 44 per cent of Mediaset Spain that it does not own. The bid has an implied price per share of €5.60. MFE is offering cash of €1.86 per Mediaset Spain share, plus 4.5 MFE A shares per MSE share held. The implied value, at close […]

March 17, 2022

Berlusconi confirms Mediaset Spain bid

Silvio Berlusconi has launched a €780 million bid to become the 100 per cent owner of Mediaset Spain. MFE-MediaForEurope, the Berlusconi-controlled group, will pay up to €5.613 per share, taking 44 per cent as the other 56 per cent is already under its control. The group will pay €258 million in cash and 624 new […]

March 16, 2022From David Del Valle in Madrid

Berlusconi may consolidate Mediaset Spain

Italian media tycoon and former Prime Minister, Silvio Berlusconi, is reportedly considering launching a takeover bid for the 44 per cent stake in Mediaset Spain he doesn’t already control through MFE-MediaForEurope. The CNMV (stock market) has suspended Mediaset Spain shares in view of the potential bid, valued at around €700 million according to Bloomberg. Berlusconi […]

March 14, 2022From David Del Valle in Madrid

MFE ups ProSiebenSat.1 stake

MFE-MediaForEurope has announced that, directly and indirectly, it has crossed the threshold of 25 per cent of secured voting rights of Germany broadcaster ProSiebenSat.1 Media SE through purchases of shares on the market. The company, headed by former Italian Prime Minister Silvio Berlusconi, was already the biggest shareholder in the broadcaster with a 23.9 per […]

March 14, 2022

Bank upbeat for MFE-MediaForEurope

MFE-MediaForEurope, the new holding business formed by Mediaset under the Dutch registered umbrella company, has received a positive note from equity analysts at Berenberg Bank. MFE-MediaForEurope released a preliminary alert as to its expected financials (themselves due in full towards the end of April) and these, says the bank, appeared to be well ahead of […]

March 3, 2022