freenet AG

EANS-Adhoc: freenet AG
freenet plans to sell STRATO to Deutsche Telekom AG

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Büdelsdorf, 19th November 2009  - The Management Board of freenet AG has just passed a resolution to enter today into an agreement to sell the entire issued share capital of STRATO AG and STRATO Rechenzentrum AG to Deutsche Telekom AG. The agreed purchase price for the acquisition is 275 million euros, which is payable, subject to normal adjustments, in cash at closing. Closing of the transaction is subject to usual conditions, in particular the receipt of clearance from the German Federal Cartel Office. The supervisory boards of both companies have already approved the transaction.

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ots Originaltext: freenet AG
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Further inquiry note:
freenet AG
Investor Relations
Tel.: +49 (0)40 513 06-778

Branche: Telecommunications
ISIN:      DE000A0Z2ZZ5
WKN:        A0Z2ZZ
Index:    Midcap Market Index, TecDAX, CDAX, HDAX, Prime All Share,
              Technologie All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              Hannover / free trade
              München / free trade

Weitere Meldungen: freenet AG

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