BERLIN (dpa-AFX) - German broadcaster ProSiebenSat.1 AG (PBSFF.PK) and publishing company Axel Springer SE (AXELF.PK) are in talks to combine their businesses, according to reports citing people familiar with the matter.
The reports said that negotiations remain at an early stage yet and could still break down. A deal would face several issues, including regulatory scrutiny.
The two companies' combined market capitalization is about 14.4 billion euros or $16 billion.
Copyright RTT News/dpa-AFX