MediaForEurope, the TV group controlled by Italy’s Berlusconi family, has raised its stake in German broadcaster ProSiebenSat.1 to 75.61%, and will become the majority shareholder.

PPF, the second largest shareholder in ProSiebenSat.1, has decided to tender its shares, representing 15.68% of ProSiebenSat.1’s share capital, into the MFE offer.

MFE, which is headed by Pier Silvio Berlusconi — who is the son of the late former Italian Prime Minister and TV tycoon Silvio Berlusconi — and runs TV operations in Italy and Spain, has long been building a growing stake in ProSiebenSat.1 and plotting a ProSiebenSat.1 takeover as part of its plan to create a pan-European advertising-funded network.

Bert Habets, group CEO of ProSiebenSat.1, said: “MFE becoming our majority shareholder marks an

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