Each year there is speculation that TV broadcaster ProSiebenSat.1 will finally be admitted to Germany’s DAX index of the 30 top publicly-listed companies.
Until now, nothing has happened. But there was clearly something afoot last week in meetings with the news media in Munich. No one said it directly, but the company’s managers, especially the chief executive, Thomas Ebeling, gave the impression that in March theirs would be the first media company to break into the leading index.
Unless something extraordinary happens soon, ProSieben will replace K+S, the German mining and raw materials company, as a DAX-30 company on March 21.