Mediaset could raise ProSieben stake to 20%, doesn't plan tender offer

BARCELONA (Reuters) - Mediaset could raise its stake in German broadcaster ProSiebenSat.1 to 20% but does not plan to launch a tender offer, Chief Financial Marco Giordani said on Friday, describing the investment as a defensive one.Giordani repeated his call for ProSieben to join Dutch holding company Media For Europe, which the Italian group is creating as a vehicle for the European TV industry to achieve scale together and fend off U.S. streaming giants like Netflix ."Clearly for us it's..