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Broadband

German regulator allows Versatel takeover

Monday 29 September 2014 | 11:00 CET | News
German operator United Internet has been granted permission to acquire the operator Versatel, Austrian newspaper der Standard reported. The German cartel office has examined the correctness of the acquisition and said it did not see any impediment to it. The company already owns parts of Versatel and is buying the remaining 74.9 percent share for EUR 586 million.

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Categories: Fixed
Companies: United Internet / Versatel
Countries: Germany
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