Announced
Financials
Sources
Tags
Tender Offer
Majority
Pending
Single Bidder
Cross Border
Public
Spain
Friendly
broadcasting
Radio and TV Broadcasters
Acquisition
Synopsis
MFE, an operator of television broadcasting, television production, signal broadcasting management, and music production businesses, offered to acquire the remaining 44.31% stake in Mediaset España Comunicación, a broadcasting television company, for $855m. “The idea of strengthening the geographical areas, where MFE- MEDIAFOREUROPE is already leader, has always been at the basis of the creation of the pan- European television holding company. And with this operation we will create new growth opportunities for all shareholders and in particular for the shareholders of Mediaset España Comunicación," Pier Silvio Berlusconi, MFE CEO.
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