Skip to content
- BERLIN : Austrian regulator BWB has asked that the cartel court review an increase in MediaForEurope’s stake in ProSiebenSat.1, which the agency said on Wednesday would amount to de-facto control over the German broadcaster.
- Italy’s MFE, which began investing in ProSieben in 2019 and now holds a 29 per cent stake in its German peer, is looking to build a pan-European TV platform.
- MFE said on Nov. 21 that a takeover offer was not planned.
- BWB said it was assessing the effect of an increased stake by MFE in ProSiebenSt.1 on media variety in Austria, and had asked the cartel court to weigh in.
- (Writing by Linda Pasquini, Editing by Rachel More)
