Public acquisition offer for 1&1 shares at EUR 18.50 – United Internet's stake in 1&1 to be increased to up to 90%
|
EQS-News: United Internet AG
/ Key word(s): Investment
THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT FOR PUBLICATION, DISTRIBUTION OR DISSEMINATION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY COUNTRY WHERE SUCH PUBLICATION, DISTRIBUTION OR DISSEMINATION WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH COUNTRY.
Public acquisition offer for 1&1 shares at EUR 18.50 – United Internet's stake in 1&1 to be increased to up to 90% Montabaur, May 16, 2025. United Internet AG has decided today to submit a voluntary public acquisition offer in the form of a partial offer to acquire up to 16,250,827 no-par value bearer shares of 1&1 AG not already directly held by United Internet AG, corresponding to approx. 9.19% of the share capital, each with a notional interest in the share capital of EUR 1.10 (ISIN DE0005545503). The offer provides for the payment of EUR 18.50 per 1&1 share, which represents a premium of approx. 20% over yesterday's closing price in XETRA trading or approx. 29% over the volume-weighted average stock price in XETRA trading during the last three months. United Internet has recently been offered 1&1 share packages for purchase. United Internet accepted these offers and exceeded the 80% shareholding threshold in 1&1 AG in April 2025. Against this background, United Internet has now decided to make a partial public offer to all shareholders. United Internet is convinced that the offer presents all shareholders of 1&1 AG, including those with larger stakes, an attractive opportunity to obtain liquidity at a substantial premium. With this offer, United Internet AG also aims to increase its existing stake in 1&1 from currently around 80.81% of capital stock up to 90% and strengthen its voting majority. A clear and stable shareholder structure is particularly important in view of the upcoming investments for the expansion of the 1&1 mobile network in the coming years. At the same time, a free float of at least 10% is to be maintained. This will continue to enable sufficient stock exchange trading. The conclusion of a domination and/or profit and loss transfer agreement, a delisting and/or a squeeze-out are not planned. The Offer will be made in accordance with the terms and conditions set forth in the offer document to be approved by the German Federal Financial Supervisory Authority (BaFin). The offer document and other information relating to the Offer will be available on the internet at https://www.united-internet.de/en/investor-relations/offer-2025.html. Additionally, the publication of the offer document will be announced in the Federal Gazette (Bundesanzeiger).
About United Internet With around 29 million fee-based customer contracts and around 39 million ad-financed free accounts, United Internet AG is a leading European internet specialist. At the heart of United Internet is a high-performance “Internet Factory” with 11,000 employees. In addition to the high sales strength of its established brands (such as 1&1, GMX, WEB.DE, IONOS, STRATO, and 1&1 Versatel), United Internet stands for outstanding operational excellence.
Contact partner United Internet AG
16.05.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | United Internet AG |
| Elgendorfer Straße 57 | |
| 56410 Montabaur | |
| Germany | |
| Phone: | +49 (0)2602 / 96 - 1100 |
| Fax: | +49 (0)2602 / 96 - 1013 |
| E-mail: | info@united-internet.de |
| Internet: | www.united-internet.de |
| ISIN: | DE0005089031 |
| WKN: | 508903 |
| Indices: | MDAX, TecDAX |
| Listed: | Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2139068 |
| End of News | EQS News Service |
|
|
2139068 16.05.2025 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.