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1&1 AG — M&A Activity 2007
Jan 14, 2007
1_rns_2007-01-14_da17dcc3-46a0-4ca9-ba0e-f1ee5a620e8a.html
M&A Activity
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Ad-hoc | 14 January 2007 20:27
Drillisch AG: Acquisition of Telco Services GmbH, Idstein
Drillisch AG / Acquisition/Acquisition
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, 14. January 2007 (19:47 o’clock) – The mobile service provider
Drillisch AG (ISIN DE 0005545503) has signed a Sale & Purchase Agreement
today, acquiring 100% of Telco Services GmbH, Idstein. The parties agreed
not to disclose the purchase price. The transaction is subject to approval
by the German anti-trust authority, the mobile network operators as well as
a satisfactory due diligence by Drillisch AG.
Having completed the acquisition, Drillisch AG comprising then more than 2
million customers, will obtain a market share of approximately 10% in the
German mobile service provider market. This acquisition will strengthen the
post-paid segment of Drillisch AG. Hence, Drillisch AG is well positioned
in all three business segments, pre-paid, post-paid and discount. The
company consequently continues to pursue its strategy of consolidating the
mobile service provider market in Germany.
Drillisch AG gains in Telco Services GmbH a strong partner with an
outstanding network of telecommunication retailers. The board of Drillisch
AG expects various positive effects from this acquisition and will through
the extended distribution channels provide further attractive services for
its customers in the future.
Maintal, 14. January 2007-01-14
Drillisch AG
The Board
DGAP 14.01.2007
Language: English
Issuer: Drillisch AG
Wilhelm-Röntgen-Straße 1-5
63477 Maintal Deutschland
Phone: +49 (0)6181 412 200
Fax: +49 (0)6181 412 184
E-mail: [email protected]
WWW: www.drillisch.de
ISIN: DE0005545503
WKN: 554550
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Düsseldorf, München, Stuttgart
End of News DGAP News-Service