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MFE-MediaForEurope NV Class A ( (IT:MFEA) ) has provided an update.
MFE-MEDIAFOREUROPE’s extraordinary general meeting authorized the issuance of new Class A shares to facilitate the acquisition of ProSiebenSat.1 Media SE. This strategic move, approved by shareholders, aims to strengthen MFE’s position in the European broadcasting market by expanding its influence and operational capacity.
More about MFE-MediaForEurope NV Class A
MFE-MEDIAFOREUROPE is an international holding company that consolidates major European commercial broadcasting networks. It is headquartered in Amsterdam, with tax residency in Italy, and controls Mediaset S.p.A. and Grupo Audiovisual Mediaset España Comunicación S.A. MFE is also the main shareholder of the German network ProSiebenSat.1 and is listed on Euronext Milan and Spanish stock exchanges.
Average Trading Volume: 784,968
Technical Sentiment Signal: Buy
Current Market Cap: €1.9B
See more insights into MFEA stock on TipRanks’ Stock Analysis page.
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