Brussels, 11/02/2008 (Agence Europe) - On Monday 11 February the European Commission gave its green light to the takeover bid in which Holtzbrinck eLAB GmbH (“eLAB”, Germany), subsidiary of Georg von Holtzbrinck GmbH & Co. KG (“Holtzbrinck”, Germany), SevenOne Intermedia GmbH (SevenOne, Germany), subsidiary of ProSieben-Sat.1 Media AG (P7S1, Germany), which is also owned by Kohlberg Kravis Roberts & Co. (KKR, USA), and Permira Holdings Limited (Permira, Channel Islands) plan to take over JV through a share buyout in a newly created joint venture company. The companies' activities are in the following areas: - eLAB: development of user-focused internet and mobile applications; - Holtzbrinck: publishing houses, daily newspapers, political weeklies, electronic media and services; - SevenOne: video text, internet, mobiles services, telephone value-added services, e-commerce applications; - P7S1: free-to air television; KKR: private equity firm; - Permira: private equity fund; - JV: internet-based travel portal. (O.L.)