PPF Confirms EUR7 per Share Offer for ProSiebenSat.1

PPF IM LTD reaffirms its all-cash offer for ProSiebenSat.1 Media SE at EUR7 per share, maintaining a competitive stance against MFE-MEDIAFOREUROPE N.V.'s revised offer. PPF argues that its offer provides clear value certainty with a full cash component, contrasting with MFE's complex proposal, which includes an illiquid share system and a cash portion of only EUR4.48 per share.

The offer will close on 13 August 2025, and payment is expected by 28 August 2025. PPF emphasizes its strategy for an independent ProSiebenSat.1 as advantageous, urging shareholders to consider the distinct nature of competing offers. With regulatory conditions met, PPF critiques potential delays in MFE's offer due to US regulatory requirements for a significant shareholding.