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Wireless

O2 Germany shareholders approve E-Plus deal measures

Wednesday 12 February 2014 | 10:16 CET | News
Telefonica Deutschland (O2 Germany) shareholders have approved capital measures related to the acquisition of E-Plus and resolved a conditional capital. They approved a cash capital increase with subscription rights for the shareholders by up to EUR 3.7 billion with an approval rating of 99.99 percent. They also approved the authorisation of the Management Board for a capital increase by contribution in kind by up to EUR 475 million by 99.98 percent. Markus Haas, Chief Strategy Officer of Telefonica Deutschland, said it was pleased with the shareholder approval and remained confident that it

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Categories: Mobile & Wireless
Companies: E-Plus / O2 Germany / Telefonica Deutschland
Countries: Germany
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