Nick Vivarelli International CorrespondentTop Italian private broadcaster Mediaset has quietly raised its stake in German broadcasting giant ProSiebenSat.1, in which the Berlusconi-owned company now holds an overall 24% share, just below the 25% threshold beyond which it would need authorization from German regulators to exceed.Mediaset’s Mediaset Espana subsidiary on Thursday evening said it had acquired a 3.43% share in ProSieben for which it paid €104 million euros ($126 million), raising its own ProSieben stake to more than 13%, while its Milan-based Mediaset holding company holds 11% in the German group.ProSieben, which is Europe’s second-largest TV group in terms of TV home penetration, operates free-to-air and pay-TV channels in.
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