The Berlusconi owned MFE media group is celebrating its takeover of German TV company Prosieben on the stock market, thanks to the exit of Czech company PPF.
MFE's Class A shares rose 7.2% on the Milan Stock Exchange in the early hours of the session, while Class B shares rose 6.3%.
Prosieben, on the other hand, rose cautiously (+0.6% to 8 euros) on the Frankfurt Stock Exchange.
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