AI assistant
1&1 AG — M&A Activity 2007
Aug 22, 2007
1_rns_2007-08-22_684d0354-b43b-4665-9251-8c57d9d92042.html
M&A Activity
Open in viewerOpens in your device viewer
News Details
Ad-hoc | 22 August 2007 16:39
Drillisch AG: Acquisition of approximately 18.49 % of shares in freenet AG
Drillisch AG / Strategic Company Decision/Contract
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Maintal, August 21, 2007 – Drillisch Aktiengesellschaft (DE0005545503) has
today signed a share purchase agreement with Vatas International B. V.,
Amsterdam (The Netherlands), regarding the acquisition of 17,757,000 no-par
value shares of the share capital (amounting to approximately 18.49 %) of
freenet AG, Büdelsdorf ('freenet') via a subsidiary. Upon closing of the
transaction, which is subject to clearance by the antitrust authorities,
Drillisch Aktiengesellschaft is going to increase its direct and indirect
stake in the share capital of freenet AG from approximately 10.08 % to
approximately 28.56 %. Drillisch Aktiengesellschaft has agreed with Vatas
Group on a financing of the purchase price through a non-recourse financing
package which is taken up by the subsidiary of Drillisch.
22.08.2007 Financial News transmitted by DGAP
Language: English
Issuer: Drillisch AG
Wilhelm-Röntgen-Straße 1-5
63477 Maintal
Deutschland
Phone: +49 (0)6181 412 200
Fax: +49 (0)6181 412 183
E-mail: [email protected]
Internet: www.drillisch.de
ISIN: DE0005545503
WKN: 554550
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service