United Internet to acquire an additional 9.19 % stake in 1&1 for €300m.

Synopsis

United Internet, a global internet services company, agreed to acquire an additional 9.19 % stake in 1&1, a German telecommunications service and landline and mobile telecommunications provider, for €300m.

Principals

target

1&1

bidder

United Internet

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Market Context

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Seller Team (1)

oliver keil

Head of Investor Relations at 1&1 AG

Manager

target

Deal

£ 253 M

Total Value

Bidder Team (1)

ralph dommermuth

Chairman and CEO at UNITED INTERNET AG

Manager

bidder

Deals

£ 685 M

Total Value

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