Permira holding on to ProSiebenSat.1

Private equity company Permira will retain its stake in ProSiebenSat.1 for the foreseeable future and has said it is prepared to provide more financial assistance to the German free-to-air broadcast group if needed.

The Permira position was made clear in an interview with Joerg Rockenhauser, head of Permira Germany, carried in news magazine Der Spiegel.