United Internet AG

euro adhoc: other
United Internet acquires stake in Versatel AG

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Montabaur, November 28, 2007. 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 deal.

With this equity acquisition United Internet is pursuing a strategic positioning as part of the expected further consolidation of the German DSL market. United Internet is keeping its options open, also with regard to a further increase in its stake in Versatel AG.

@@start.t2@@end of announcement                                                 euro adhoc 28.11.2007 20:31:29

ots Originaltext: United Internet AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Marcus Schaps
Head of Press and Public Relations
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Tel: +49 2602/96-1076
Fax: +49 2602/96-1013
E-mail: mschaps@united-internet.de
Internet: www.united-internet.de

Branche: Telecommunications Services
ISIN:      DE0005089031
WKN:        508903
Index:    TecDAX, Technologie All Share, HDAX, Midcap Market Index,
              Prime All Share, CDAX
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse Hannover / free trade
              Börse München / free trade

Original-Content von: United Internet AG, übermittelt durch news aktuell

Weitere Meldungen: United Internet AG

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