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PPF increases its stake in ProSiebenSat.1 Media to 15.04%
PPF Group announces that it has increased its holding of shares and instruments in ProSiebenSat.1 Media SE (ProSiebenSat.1) to a stake of 15.04% in aggregate. PPF’s holding represents 11.6% of voting rights on the outstanding share capital of ProSiebenSat.1.
“Our growing shareholding in ProSiebenSat.1 demonstrates that PPF is a long-term and supportive investor with ample television broadcasting experience that can add value to Germany’s leading media company," said Didier Stoessel, PPF Chief Investment Officer.
