freenet AG

M&A Activity • Apr 17, 2003

News Details

Ad-hoc | 17 April 2003 08:30

freenet.de AG english

freenet.de AG Takes Over Remaining Shares in vitrado GmbH Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– freenet.de AG Takes Over Remaining Shares in vitrado GmbH freenet.de AG / Hamburg – Following the successful takeover of freenet.de AG’s mobilcom’s fixed-line business in April 2003, the freenet.de AG is stocking up its holdings in the vitrado GmbH, Munich, to currently 100 percent. To date, freenet.de AG owned 51 percent of vitrado. This step guarantees freenet.de critical distribution paths relevant to its fixed-line activities. With some 750,000 members, vitrado is one of Germany’s leading sales communities. The company is an enabler and accelerator in the e-commerce and t- commerce sectors: it makes a number of branded Commerce Enabling Technologies available to its community of partners. The partners use these to advertise and distribute products via Internet, mobile devices, call centers, SMS, etc. end of ad-hoc-announcement (c)DGAP 17.04.2003 ——————————————————————————– WKN: 579200; ISIN: DE0005792006; Index: NEMAX 50 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 170830 Apr 03