MFE – MediaForEurope to acquire ProSiebenSat.1 Media at a c. €1.3bn valuation.

MFE – MediaForEurope, a Dutch-domiciled Italian-based media and communications company, offered to acquire ProSiebenSat.1 Media, a German mass media and digital company, at a c. €1.3bn valuation. Approximately 78% of the offer price is expected to be paid in cash and approximately 22% of the offer price is expected to be paid in newly-issued MFE A shares.