DGAP-News: United Internet increases its stake in Sedo to 96.05% and plans squeeze-out
(firmenpresse) - DGAP-News: United Internet AG / Key word(s): Investment
United Internet increases its stake in Sedo to 96.05% and plans
squeeze-out
02.10.2013 / 09:35
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Montabaur, October 2, 2013. United Internet today acquired the 4,461,379
shares in Sedo Holding AG, Cologne, held by Sedo's founders and raised its
stake in the company to 96.05%. The shares in Sedo Holding AG were acquired
by United Internet Ventures AG at a price of EUR 2.60 per share. United
Internet aims to integrate the Affiliate Marketing and Domain Marketing
business fields operated by Sedo Holding AG more closely into the strategic
development of the United Internet Group. Against this backdrop, United
Internet Ventures AG will initiate a squeeze-out process at Sedo Holding AG
over the coming weeks in line with Secs. 327a ff. of German Stock
Corporation Law (AktG).
About United Internet
With 12.70 million fee-based customer contracts and 31.03 million
ad-financed free accounts, United Internet AG is Europe's leading internet
specialist. At the heart of United Internet is a high-performance 'Internet
Factory' with 6,490 employees, of which more than 1,850 are engaged in
product management, development and data centers. In addition to the high
sales strength of its established brands (1&1, GMX, WEB.DE, united-domains,
Fasthosts, InterNetX, Sedo and affilinet), United Internet stands for
outstanding operational excellence with around 44 million customer accounts
worldwide.
Contact
Marcus Schaps
Head of Press and Public Relations
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1076
Fax: +49 2602/96-1013
E-mail: mschaps(at)united-internet.de
Internet: www.united-internet.de
End of Corporate News
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02.10.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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: info(at)united-internet.de
Internet: www.united-internet.de
ISIN: DE0005089031
WKN: 508903
Indices: TecDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard);
Freiverkehr in Düsseldorf, Hamburg, Hannover, München,
Stuttgart
End of News DGAP News-Service
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