0
Wireless

Philion plans stock market listing, capital increase

Friday 15 March 2019 | 09:08 CET | News

German mobile retailer Philion announced plans to raise new capital and list on the main Xetra exchange. The company will first list 2 million of its existing shares on the Duesseldorf stock exchange in the next few weeks, subject to approval of the Federal Financial Supervisory Authority (Bafin). Subsequently, a Xetra listing is planned. The company then plans to carry out a capital increase to help finance additional acquisitions and increase its free flot. 

The timing of the capital increase will depend on market conditions. The volume and price of the offering have not yet been determined. 



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Philion
Countries: Germany
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Fexcom buys smartphone repairs provider

Published 19 Dec 2018 13:15 CET | Germany
German telecom retailer Fexcom, a subsidiary of Philion, announced the acquisition of all of System Repaircenter (SRC), after ...

German retailer Philion partners with DeinHandy to expand online

Published 15 Nov 2018 12:36 CET | Germany
German telecoms retailer Philion announced plans to develop an omni-channel strategy and partner with the online seller ...





Calendar   /   Industry Events

18 Mar NII Holdings Q4 2018
18 Mar Cellcom Q4 2018
18 Mar Enterprise Connect
18 Mar Report: Dutch Television Market 2018-Q4
19 Mar Huber+Suhner Q4 2018
19 Mar Iliad Q4 2018
19 Mar TPG fiscal H1
19 Mar MTS Q4 2018
19 Mar Xiaomi Q4 2018
19 Mar China Telecom Q4 2018
19 Mar Nvidia Annual Investor Day
19 Mar Oi EGM
20 Mar Micron Technology fiscal Q2
20 Mar ZTE EGM
20 Mar Report: Dutch Fixed Telephony 2018-Q4
21 Mar Cyfrowy Polsat Q4 2018
21 Mar China Mobile Q4 2018
21 Mar CK Hutchison FY2018
22 Mar Telenet AGM
24 Mar 6G Wireless Summit
25 Mar Cheetah Mobile Q4 2018
25 Mar Freenet Q4 2018
25 Mar Apple press conference
::: More Calendar Items