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General

Freenet says to vote against Sunrise rights issue for UPC takeover

Friday 16 August 2019 | 09:46 CET | News
Update: 16 August 2019 | 10:35 CET
German operator Freenet announced it will vote against Sunrise's planned share issue to finance the takeover of UPC Switzerland. Freenet is the largest shareholder in Sunrise with a 24.5 percent stake. An EGM is planned for this autumn to vote on the CHF 4.1 billion rights issue. 

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[16/08/2019 10:35 - Update: Adds Sunrise comment.]


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Categories: General
Companies: Freenet / Liberty Global / Sunrise / UPC Switzerland
Countries: Switzerland
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