MFE-MEDIAFOREUROPE Announces Takeover Offer for ProSieben
Deal News | Mar 31, 2025 | Legal Community Germany
MFE-MEDIAFOREUROPE has announced its intention to launch a voluntary public takeover offer to increase its stake in ProSiebenSat.1 Media SE, a major entertainment company in the German-speaking region. The endeavor aims to provide MFE with greater flexibility and optionality in its ownership. For this transaction, MFE is advised by Hengeler Mueller, a prestigious law firm, with leading partners Emanuel Strehle and Oda Christiane Goetzke, among a comprehensive team covering areas such as public M&A, antitrust, capital markets, and regulatory matters. The firm collaborates with international advisors, including Wachtell, Lipton, Rosen & Katz for US aspects and BonelliErede for Italian aspects, to manage the complexity and diverse jurisdictional elements of the deal. The transaction is set to enhance MFE’s strategic position in the media market.
Sectors
- Media and Entertainment
- Legal Services
- Private Equity and Investment
Geography
- Germany – ProSiebenSat.1 Media SE is a major entertainment company based in Germany, making it the primary geographical focus of the takeover.
- Italy – MFE-MEDIAFOREUROPE is an Italian company pursuing the takeover, thus linking Italy to the transaction.
- United States – Involvement of Wachtell, Lipton, Rosen & Katz in advising on U.S. aspects brings a significant U.S. connection to the deal.
Industry
- Media and Entertainment – The article revolves around MFE-MEDIAFOREUROPE's attempt to acquire a larger stake in ProSiebenSat.1 Media SE, a key player in the media and entertainment sector.
- Legal Services – Hengeler Mueller, alongside international legal firms, is heavily involved in advising and orchestrating the takeover offer, showcasing the legal advisory sector in M&A activities.
- Private Equity and Investment – MFE-MEDIAFOREUROPE's takeover bid represents strategic investment activities typical in the private equity and investment industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| MFE-MEDIAFOREUROPE | Bidding Company | Company | MFE is an Italian media company seeking to increase its stake in ProSiebenSat.1. |
| ProSiebenSat.1 Media SE | Target Company | Company | A leading entertainment group in the German-speaking region and the subject of MFE's takeover offer. |
| Hengeler Mueller | Legal Advisor | Company | A prominent German law firm advising MFE on the public takeover offer. |
| Wachtell, Lipton, Rosen & Katz | Legal Advisor | Company | A U.S. law firm advising on aspects of the takeover related to the United States. |
| BonelliErede | Legal Advisor | Company | An Italian law firm advising on aspects of the takeover connected to Italy. |