Mediaset: raises stake in ProSiebenSat.1 to over 20%
(CercleFinance.com) - Late on Monday Mediaset said that it has bought 9.
9 million additional shares of ProSiebenSat.1, corresponding to 4.25% of the company's share capital.
As a result, the Italian media group now holds 20.1% the German broadcaster's total voting rights, excluding treasury stock.
Mediaset et ProSiebenSat.1 have been in an alliance for several years now, in move particularly intended to address the changes in the digital video landscape.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
9 million additional shares of ProSiebenSat.1, corresponding to 4.25% of the company's share capital.
As a result, the Italian media group now holds 20.1% the German broadcaster's total voting rights, excluding treasury stock.
Mediaset et ProSiebenSat.1 have been in an alliance for several years now, in move particularly intended to address the changes in the digital video landscape.
Copyright (c) 2020 CercleFinance.com. All rights reserved.