ProSieben issuing shares to fund digital expansion
German broadcasting and media giant ProSiebenSat.1 plans to issue new shares to raise about €515 million (US$571 million), which it will use to fund its ongoing digital expansion plans. The German-listed group said this morning it will issue 14.2 million new shares, increasing its overall share capital by 6.5%. ProSieben has been on a diversification […]