ProSiebenSat.1 Media SE: Gleiss Lutz Advises UniCredit on Takeover
Deal News | Apr 10, 2025 | Gleiss Lutz
Gleiss Lutz has been integral in advising UniCredit alongside PedersoliGattai in the takeover process of ProSiebenSat.1 Media SE by MediaForEurope N.V. (MFE). The advisory role encompassed preparing the transaction and managing its financial structuring, including issuing a financing confirmation in accordance with the German Securities Acquisition and Takeover Act. The legal team was spearheaded by Dr. Eva Reudelhuber, a partner with vast expertise in banking and finance. Other notable contributors included seasoned partners and associates across various sectors such as corporate and tax, providing a robust framework for the transaction. This move aligns with Gleiss Lutz's reputation for handling significant public takeover transactions, marking another milestone in their advisory portfolio.
Sectors
- Financial Services
- Media & Entertainment
- Legal Advisory
Geography
- Germany – The transaction involves ProSiebenSat.1 Media SE, a significant company based in Germany. The legal and financial preparation also adheres to the German Securities Acquisition and Takeover Act.
- Netherlands – MediaForEurope N.V., the acquiring company, is based in the Netherlands, reflecting cross-border M&A activities.
- Italy – PedersoliGattai, one of the advisory firms involved, is Italian, indicating international collaboration in the legal advisory space.
Industry
- Financial Services – UniCredit's involvement in the takeover is a significant event within the financial services sector, highlighting investment activities and corporate financing operations.
- Media & Entertainment – ProSiebenSat.1 Media SE and MediaForEurope N.V. are key players in the media industry, and their transaction underscores ongoing consolidation trends within this sector.
- Legal Advisory – Gleiss Lutz's advisory role and legal expertise in the takeover process illustrate the critical function of legal firms in complex transactions and regulatory compliance.
Financials
- – The article does not specify any financial figures related to the transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ProSiebenSat.1 Media SE | Target | Company | A major media company based in Germany, involved in television broadcasting and production. |
| MediaForEurope N.V. (MFE) | Bidding Company | Company | A Netherlands-based media company pursuing a takeover of ProSiebenSat.1 Media SE. |
| UniCredit | Client of Legal Advisor | Company | A prominent financial services company receiving advisory services for the transaction. |
| Gleiss Lutz | Legal Advisor | Company | A leading law firm providing advisory services on the transaction's preparation and financing. |
| PedersoliGattai | Legal Advisor | Company | An Italian law firm advising UniCredit alongside Gleiss Lutz during the transaction. |