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General

United Internet to increase Drillisch stake to 20.7%

Tuesday 28 April 2015 | 09:52 CET | News
German ISP and MVNO United Internet via its subsidiary United Internet Ventures acquired an approximately 9.1 percent equity stake in German MVNO Drillisch. The acquisition requires approval by Germany's Federal Cartel Office. When the purchase is closed, United Internet will have a total indirect holding of 20.7 percent in Drillisch. United Internet regards Drillisch as a well-positioned company with promising market opportunities and its product portfolio and target groups fit well with United Internet's Access business. 

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Categories: General
Companies: Drillisch / United Internet
Countries: Germany
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