euro adhoc: AG
Mergers - Acquisitions - Takeovers
freenet to acquire Tiscali┬ĺs B2C-broadband and -narrowband customer contracts in Germany

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Hamburg / AG - AG and Tiscali SpA announce that a purchase agreement has been signed today, under which freenet will acquire Tiscali Germany┬ĺs  B2C narrowband and broadband customer relationships. At year-end 2006, Tiscali had around 380,000 active such customers in Germany, of which approximately one third were broadband customers. The purchase price, which will be paid in cash, will be based on the number of actual customer numbers at the time the transaction is completed and is expected to be approx. EUR30 million. The transaction is also subject to fulfillment of normal closing conditions, including antitrust approval, and is expected to complete by first quarter of 2007.

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ots Originaltext: AG
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Further inquiry note:
Andreas Neumann
Investor Relations
Tel.: +49 (0)40 51306 778

Branche: Online
ISIN:      DE0005792006
WKN:        579200
Index:    TecDAX, CDAX, Prime All Share, HDAX, Technologie All Share,
              Midcap Market Index
B├Ârsen:  Frankfurter Wertpapierb├Ârse / regulated dealing/prime
              B├Ârse Berlin-Bremen / free trade
              Hamburger Wertpapierb├Ârse / free trade
              Baden-W├╝rttembergische Wertpapierb├Ârse / free trade
              B├Ârse D├╝sseldorf / free trade
              Nieders├Ąchsische B├Ârse zu Hannover / free trade
              Bayerische B├Ârse / free trade

Weitere Meldungen: AG

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