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Berlusconi Family’s MediaForEurope TV Group Launches Takeover Bid for Germany’s ProSieben
The Berlusconi family's MFE-MediaForEurope TV group launched a takeover bid for Germany's ProSieben in a move to create a pan-European broadcaster.
MFE was formed in 2021 when Berlusconi’s Mediaset moved its legal headquarters to the Netherlands, changed its shareholding structure, and rebranded as MediaForEurope. Berlusconi in the statement went on to note that “The aim is to create a cross-media, cross-national pan-European group that naturally acts as an alternative to the digital giants and succeeds in the ambitious goal of being able to compete and grow.” Though Mediaset has long held a controlling ProSieben stake, the German giant’s top management has so far appeared to oppose Piersilvio Berlusconi’s proposals for collaboration.
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