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United Internet AG Elgendorfer Straße 57 56410 Montabaur, Germany http://www.unitedinternet.de
Contact Marcus Schaps +49 2602 961076
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United Internet AG

United Internet acquires stake in Versatel AG

(PresseBox) (Montabaur, )
United Internet AG (ISIN DE0005089031) today acquired a parcel of shares in Versatel AG and now holds a total of 20.05% of the capital stock of Versatel AG, Berlin. For a part of the acquired shares, amounting to 0.55% of capital stock, the completion of the transaction is conditional on the approval of the German Federal Cartel Office. The average price per share amounts to EUR 14.46.

Prior to Versatel’s IPO, and also subsequently, United Internet had held talks with Versatel’s main shareholder with regard to acquiring an interest in the company. However, these talks did not lead to any ucjv.

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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.