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CECONOMY AG Kaistr. 3 40221 Düsseldorf, Germany http://www.ceconomy.de
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CECONOMY AG

CECONOMY AG executes capital increase with freenet AG joining as new anchor investor

(PresseBox) (Düsseldorf, )
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- CECONOMY issues around 32.6 million new ordinary shares equal to around 10% of the current share capital under exclusion of subscription rights
- freenet AG to acquire all newly issued shares in a private placement at €8.50 per share
- Proceeds of around €277 million will be used to strengthen the balance sheet and to increase the financial power for the continued implementation of the strategic agenda
- CECONOMY’s supervisory board and its three existing anchor shareholders Haniel, Meridian Stiftung and Beisheim welcome the investment of freenet AG

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.