Berlusconi’s MFE Signals Interest in Doing Deals In Spain
- The Italian media-conglomerate may bid for Prisa’s Radio Unit
- MFE owns Telecinco, one of Spain’s free-to-air broadcasters
The headquarters of MFE-MediaForEurope, in Milan.
Photographer: Francesca Volpi/BloombergThis article is for subscribers only.
MFE-MediaForEurope NV, the television group controlled by Italy’s Berlusconi family, could explore possible deals to grow in Spain, including the purchase of the country’s largest radio broadcaster if it comes up for sale.
“MFE is evaluating any possible deal in Spain that could help the company build an integrated media system made up of television, internet and radio assets,” Chief Executive Officer Pier Silvio Berlusconi said in a press conference at the company’s headquarters earlier this week. “If Prisa decides to sell its radio unit, we would evaluate it,” he said, in reference to Spanish media company Promotora de Informaciones SA.