ProSiebenSat.1 Media (PBSFF.PK) is close to finalizing a deal with General Atlantic, offering up to 10% equity in the German media company via a convertible bond. In exchange, General Atlantic would transfer its minority stakes in NuCom Group and ParshipMeet Group to ProSieben, according to media reports citing people familiar with the matter.
The reports suggested the company's supervisory board could approve the transaction as soon as Sunday.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.