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New Deal


Announced

MFE to acquire the remaining 44.31% stake in Mediaset España Comunicación for $855m.

Financials

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Transaction Value£647m
Consideration TypeCash
Capital Owned-
Capital Bid For44%
EV/Sales1.9x
EV/EBITDA6.9x
Share Price Premium-
One Off Charge-

Tags

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Tender Offer

Majority

Pending

Single Bidder

Cross Border

Public

Spain

Friendly

broadcasting

Radio and TV Broadcasters

Acquisition

Synopsis

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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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