Latest news with #PPFGroup
Yahoo
5 days ago
- Business
- Yahoo
Linear TV is Not Dead: PPF Group CIO
Linear TV still holds a place in today's multi-media world says Didier Stoessel, CIO and incoming co-CEO of Czech conglomerate PPF Group. Instead, he argues that the more forms of media you have to distribute content, the better. Stoessel spoke to Francine Lacqua on 'Bloomberg: The Pulse'. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
7 days ago
- Business
- Reuters
ProSiebenSat.1 offer by PPF receives regulatory approval
June 4 (Reuters) - One of ProSiebenSat.1's ( opens new tab two top shareholders, Czech investment group PPF, said on Wednesday that it has received approval by Germany's financial watchdog for its all-cash bid for more shares of the German media company. PPF is ProSieben's second-biggest shareholder after MFE-MediaforEurope ( opens new tab, the company controlled by Italy's Berlusconi family. PPF has offered to buy ProSieben shares at a 21% premium to the price implied by a bid from MFE, aiming to reach a holding of up to 29.99% holding. The acceptance period of PPF's offer starts on Wednesday and ends on August 13, the company said in a statement. Under German law, the acceptance period for MFE's offer will now also end at midnight on the same day. PPF said it seeks proportionate Supervisory Board representation.
Bloomberg
06-05-2025
- Business
- Bloomberg
Richest Woman in East Europe Plans PPF Shakeup After Record Year
Eastern Europe's richest woman is revamping the management of her business empire after a string of divestments spurred record profit. In her first comments to a group of reporters since her husband and PPF Group NV founder Petr Kellner died in a 2021 helicopter crash, Czech billionaire Renata Kellnerova said Chief Executive Officer Jiri Smejc would step down next month.
