United Internet will become the largest shareholder of the cable network provider Telecolumbus. Via its subsidiary United Internet Ventures AG, the company acquired a stake of 15.11% in Telecolumbus. The closing of the acquisition is subject to approval by the German anti-trust authority. If the acquisition is approved, the company will acquire further shares in the course of today up to 25.11%. United Internet is currently not planning to increase its stake in Telecolumbus to 30% or more. Th

11 Feb 2016
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United Internet AG (UTDI:WBO) | 0 0 0.9% | Mkt Cap: 11,419m
- Published:
11 Feb 2016 -
Author:
Heinz Steffen -
Pages:
2 -
United Internet will become the largest shareholder of the cable network provider Telecolumbus. Via its subsidiary United Internet Ventures AG, the company acquired a stake of 15.11% in Telecolumbus. The closing of the acquisition is subject to approval by the German anti-trust authority. If the acquisition is approved, the company will acquire further shares in the course of today up to 25.11%. United Internet is currently not planning to increase its stake in Telecolumbus to 30% or more. Th