In 2016, the private equity company Warburg Pincus acquired a stake of 33.3% in the “Business Applications” division, which is expected to be listed in the near future. The total enterprise value of this business unit reached €2.55bn. In 2016, the number of business customers increased by around 60,000 to 6.05m. We estimate total revenues of around €610m. In December, UI, together with Warburg Pincus (33.3% stake), acquired Strato AG for a total of €600m.
24 Mar 2017
2018 will be the year to wait for!
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2018 will be the year to wait for!
United Internet AG (UTDI:WBO) | 0 0 0.9% | Mkt Cap: 11,419m
- Published:
24 Mar 2017 -
Author:
Heinz Steffen -
Pages:
2
In 2016, the private equity company Warburg Pincus acquired a stake of 33.3% in the “Business Applications” division, which is expected to be listed in the near future. The total enterprise value of this business unit reached €2.55bn. In 2016, the number of business customers increased by around 60,000 to 6.05m. We estimate total revenues of around €610m. In December, UI, together with Warburg Pincus (33.3% stake), acquired Strato AG for a total of €600m.