ProSiebenSat.1 Prepares Verivox, Flaconi Sale Amid Mediaset Pressure [Financial Post (Toronto, Ontario, Canada)]
PROSIEBENSAT1 MEDIA U/ADR (PBSFY)
NASDAQ:AMEX Investor Relations:
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Source: Financial Post
familiar with the matter, as its largest shareholder calls for splitting the company in two or considering other alternatives. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — German broadcaster ProSiebenSat.1 Media SE is speaking to advisers for a potential sale of two of its consumer online businesses, according to people familiar with the matter, as its largest shareholder calls for splitting the company in two or considering other alternatives. ProSieben is selecting banks to advise on options for its price-comparison website Verivox and online perfume retailer Flaconi with a view to launch potential sales this year, the people said, declining to be identified because the information is private. Article content Article content Analysts at Barclays estimated the two units could be worth about €800 million ($869 million) in total. A ProSieben representative declined to comment. The move
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