MFE sees over 200 mln euros in benefits from potential ProSieben tie-up, source says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2024
0mins
Source: Reuters
Potential Financial Impact: MFE-MediaForEurope anticipates that a merger with ProSiebenSat.1 could enhance its operating profit by over 200 million euros annually, as part of plans to establish a pan-European TV platform.
Strategic Considerations: MFE is evaluating its next steps regarding ProSieben, including potentially influencing board appointments and waiting for the company's full-year earnings before making further decisions on a bid or strategic moves.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
