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United Internet AG

M&A Activity Feb 10, 2016

449_rns_2016-02-10_81be0157-5b4d-450d-897c-5753bd229bd3.html

M&A Activity

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News Details

Ad-hoc | 10 February 2016 19:44

United Internet to become largest shareholder of Tele Columbus AG

United Internet AG / Key word(s): Investment

10.02.2016 19:44

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Montabaur, February 10, 2016. Via its subsidiary United Internet Ventures
AG, United Internet AG today contractually secured the acquisition of a
share package amounting to approx. 15.31% of shares in Tele Columbus AG,
Berlin, Germany. The closing of the acquisition is subject to approval by
the German anti-trust authority ("Bundeskartellamt").

If the acquisition is approved, United Internet AG would have a total
indirect shareholding - together with further shares acquired in the course
of today - of 25.11% in Tele Columbus AG.

United Internet believes that Tele Columbus AG is a well positioned company
with attractive market opportunities and will accompany the company's
ongoing development as a strategic investor and benefit from its growth in
value.

United Internet AG does not, however, currently intend to acquire an equity
stake of 30% or more in Tele Columbus AG - which would oblige it to submit
a mandatory bid to all other shareholders of Tele Columbus AG - nor to make
a voluntary takeover bid.

Contact
Maika-Alexander Stangenberg
Head of Corporate Communications & Public Affairs
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1616
Fax: +49 2602/96-1013
E-mail: [email protected]
Internet: www.united-internet.de

10.02.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: United Internet AG
Elgendorfer Straße 57
56410 Montabaur
Germany
Phone: +49 (0)2602 / 96 - 1100
Fax: +49 (0)2602 / 96 - 1013
E-mail: [email protected]
Internet: www.united-internet.de
ISIN: DE0005089031
WKN: 508903
Indices: TecDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard);
Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart

End of Announcement DGAP News-Service


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