Television: Czechs fuel the power struggle over Pro Sieben Sat 1

Reading time: 3 min.
|The Italians have just submitted their takeover offer for the German television group. Now Czech investor PPF is coming up with a better offer. And now, caught in the middle of it all, Pro Sieben Sat 1.
In Unterföhring , on the outskirts of Munich, they have never made a secret of their dislike for the major Italian shareholder. It's been about six years since the controversial and now deceased former Italian Prime Minister Silvio Berlusconi first expressed interest in the German television company Pro Sieben Sat 1. Since then, there have been repeated skirmishes and wrangles, with Italians buying shares and demanding more. At the end of last week, Berlusconi's son, Pier Silvio, head of the Italian media company Media For Europe (MFE), submitted an official takeover offer.
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