Previous Close | 9.00 |
Open | 9.08 |
Bid | 9.33 x 15900 |
Ask | 9.33 x 3600 |
Day's Range | 8.93 - 9.36 |
52 Week Range | 8.79 - 17.70 |
Volume | |
Avg. Volume | 784,355 |
Market Cap | 2.108B |
Beta (5Y Monthly) | 1.59 |
PE Ratio (TTM) | 4.41 |
EPS (TTM) | 2.11 |
Earnings Date | Mar 02, 2022 - Mar 07, 2022 |
Forward Dividend & Yield | 0.80 (8.17%) |
Ex-Dividend Date | May 06, 2022 |
1y Target Est | 16.16 |
BERLIN/MILAN (Reuters) -ProSiebenSat.1 said on Monday that MediaForEurope (MFE) had rejected the offer of a seat on the supervisory board of the German broadcaster, suggesting that no compromise has been reached with its top investor ahead of a May shareholder vote. MFE, which is controlled by the family of former Italian Prime Minister Silvio Berlusconi, has called for closer cooperation with Munich-based ProSieben, in which it has a voting stake of more than 25%. The Milan-listed group has also asked ProSieben to engage in talks over strategy, focusing on its core TV business.
BERLIN/MILAN (Reuters) -Broadcaster MediaForEurope (MFE) has no plans to make a takeover bid for German competitor ProSiebenSat.1 at the moment, the Italian firm's finance chief Marco Giordani told daily Handelsblatt. Were it to surpass a 30% stake, MFE would have to make a mandatory offer to the remaining ProSieben shareholders according to German law. "It is not easy for us to understand how to create long-term value in a conglomerate consisting of TV, e-commerce and dating portals," Giordani said.
German broadcaster ProSiebenSat.1 Media on Thursday raised its 2021 full-year guidance for a third time this year after reporting a 15% jump in third quarter revenue at 1.06 billion euros ($1.23 billion). Its advertising business in the entertainment segment in particular surpassed its pre-pandemic levels, growing 18% year-on-year in the quarter, ProSieben said.