ProSiebenSat.1 shares soar after PPF launches bid to lift its stake to nearly 30%
Investing.com -- Czech investment firm PPF launched a bid on Monday to increase its stake in Prosiebensat 1 (ETR:PSMGn) to just under 30%, positioning itself against the takeover ambitions of the Berlusconi-backed MFE-MediaForEurope (BIT:MFEB).