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General

United Internet starts public bid for Drillisch shares

Friday 26 May 2017 | 11:23 CET | News
United Internet has launched its public offer for Drillisch, as first announced in early May. The company already acquired just over 30 percent of Drillisch's shares through a capital increase, paid for with a 7.75 percent stake in United Internet's unit 1&1. The rest of 1&1 will be transferred to Drillisch in exchange for new shares pending approval by at least 75 percent of Drillisch shareholders at an EGM scheduled for 25 July. This would give United Internet 72.7 percent of Drillisch's shares. United Internet is seeking to acquire the outstanding shares in Drillisch in the public offer at

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Categories: General
Companies: 1&1 / Drillisch / United Internet
Countries: Germany
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Comments

In my opinion, 1&1 internet is the worst internet company in the world, ruined my business.
Raphael Schwartz @ 27/5/2017 - 19:11


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