Hengeler Mueller with MFE on launch of voluntary public takeover offer to increase ownership in ProSieben

As of 26 March 2025, MFE-MEDIAFOREUROPE announced its intention to issue a voluntary public takeover offer to increase its stake in the major entertainment player in the German-speaking region, ProSiebenSat.1 Media SE with the aim to gain flexibility and optionality.

Hengeler Mueller, with a team led by Emanuel Strehle (PICTURED) and Oda Christiane Goetzke, advises MFE comprehensively on the investment in ProSieben, including the public takeover offer.

For foreign aspects of the public takeover offer, Hengeler Mueller worked together with Wachtell, Lipton, Rosen & Katz (US aspects) as well as BonelliErede (Italian aspects).

Hengeler Mueller-team for MFE:

Public M&A: Emanuel Strehle (Munich), Oda Christiane Goetzke (Düsseldorf, both partner, both lead), Ingo Berner (partner, Berlin), Tim Jaeger, Van Nguyen (both associates, both Düsseldorf),

Corporate: Theresa Lauterbach (lead), Jochen Vetter (both Partner), Martin Senftl (associate, all Munich),

Antitrust: Thorsten Mäger (partner), Anja Balitzki (counsel), Mats Kremer (associate, all Düsseldorf),

Capital Markets: Alexander Rang (partner), Konrad Schäfer (associate, both Frankfurt),

Financing: Johannes Tieves (partner, Frankfurt),

Regulatory, TMT: Tobias Schubert, W0lfgang Spoerr (both partner, both Berlin).

Team Wachtell, Lipton, Rosen & Katz:

Adam Emmerich, Victor Goldfeld (both partner); Shachar Nir, Catherine Stevinson (both associate, all New York City).

Team BonelliErede:

Matteo Erede (partner, Milan), Luigi Chiarella (managing associate, Genova), Giovanni Maria Fumarola (associate, Milan).