REUTERS – ProSiebenSat.1 plans to buy General Atlantic's stakes in ParshipMeet, Verivox, and Flaconi to gain full control and sell them more easily. It may issue new shares – up to 10% of its capital – without a shareholder vote, which would dilute existing investors, including MFE – MediaForEurope (nearly 30% owner). MFE has secured €3.4B to fund a possible takeover, which could trigger a €2.1B debt repayment if it gains more than 50% control. ProSieben's market value is €1.4B.
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