freenet AG

M&A Activity • May 27, 2002

News Details

Ad-hoc | 27 May 2002 08:31

freenet.de AG english

freenet.de AG takes a majority stake in aktiencheck.de AG Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– freenet.de AG takes a majority stake in aktiencheck.de AG freenet.de expands its finance channel freenet.de AG, Hamburg – freenet.de AG, one of Germany’s leading online services, is acquiring 60 percent of aktiencheck.de AG by means of a capital increase. aktiencheck.de AG, headquartered in Westerburg, Germany, was founded in September 1999 and has approx. 25 employees. By taking this majority stake, freenet.de AG is adding an important expertise component in the finance and business sector, as aktiencheck.de is very well established in the market and has an extremely strong portal. aktiencheck.de AG’s content will greatly enhance the finance and business channels of freenet.de’s online service. In return, freenet.de will handle technical support and hosting services for aktiencheck.de. aktiencheck.de AG compiles and markets financial information. As an service provider for other web sites, it operates several special Internet finance sites including aktiencheck.de, fondscheck.de, insurancecheck.de, optionsscheinecheck.de, kredit-check.de, analystencheck.de and derivatecheck.de. aktiencheck.de AG also has a number of content syndication deals, manages IR sites for various companies, and is a majority owner in the financial advertising AG, a subsidiary specialized on adsales for finance sites. end of ad-hoc-announcement (c)DGAP 27.05.2002 ——————————————————————————– WKN: 579200; ISIN: DE0005792006; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München, Stuttgart, Hannover 270831 Mai 02