freenet AG (FNTGn.DE)
16 Feb 2018
Latest Key Developments (Source: Significant Developments)
Nov 9 (Reuters) - Freenet
Freenet AG:Says acquires 23.83 percent of Sunrise Communications Group AG.Signed contract for acquisition of 10,721,395 ordinary shares in Sunrise Communications Group AG.Next month, in addition to this, Freenet AG is going to acquire further stake of up to 330,183 shares in Sunrise Communications.Price of acquiring this 23.83 pct participating interest is around 714 million euros or 72.95 Swiss francs per share in Sunrise Communications. Full Article
Freenet AG:To propose dividend of 1.55 euros for FY 2015.Plans to propose dividend of 1.60 euros for FY 2016. Full Article
Freenet AG:Has agreed to buy transmission company Media Broadcast Group for about 295 million euros ($320 million) to expand into internet-based television activities.Raises its guidance due to acquisition, now sees 2016 EBITDA coming to slightly more than 400 million euros, compared with previous guidance for around 375 million euros.FY 2016 EBITDA 376.51 million euros - Thomson Reuters I/B/E/S. Full Article
FRANKFURT, Jan 16 Private equity firm Permira has installed one of its partners as the new chief executive of German portfolio company TeamViewer, which it acquired in 2014, after the software company failed to find a buyer and its senior executives left last year.