Reuters exclusively reported on Amber Capital backing a proposal to break up ProSiebenSat.1 made by the German broadcaster’s top investor MFE-MediaForEurope. Amber is the first significant investor to publicly support the proposal, which will be put to a shareholder vote later this month.
Business & Finance
Activist investor Amber Capital backs MFE’s push for changes at ProSieben
09 April 2024, 2:52 am 1 minute
Market Impact
ProSieben shares rose to their highest since late August on the report.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & FinanceMedia
Regions: Europe
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
