EANS-News: freenet AG disposes of further holdings
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Subtitle: Continuation of strategic portfolio streamlining to focus on core
business of mobile communications and mobile internet
Disposal of freeXmedia GmbH and 4Players GmbH with effect from 31 December 2012
Company Information
Büdelsdorf (euro adhoc) - Büdelsdorf, 4 December 2012 - freenet AG is continuing
its strategic portfolio streamlining with the disposal of its wholly owned
subsidiaries freeXmedia GmbH and 4Players GmbH.
freenet AG today disposed of all its shares in freeXmedia GmbH, Hamburg, to
Media Ventures GmbH. freenet AG also sold its shares in 4Players GmbH, Hamburg,
to Computec Media AG. Both transactions will be effective from year-end 2012.
The parties have agreed to keep the respective purchase prices confidential.
Founded in 2008 as the successor company to the 'freenetMedia' ad sales house,
freeXmedia has around 50 employees at its Hamburg offices. In its online
marketing activities, it concentrates on Automotive, Digital Entertainment,
Sport and Active Living, the general-interest portal freenet.de, and Social
Media.
The 4Players GmbH has approximately 30 employees in Hamburg and operates the
managed-content gaming site '4players.de' as well as the '4Netplayers' server
services and the '4Players League'. The company, founded in 2001, is a former
holding of freenet.de AG, which in 2007 merged with mobilcom AG to become the
present freenet AG.
Further inquiry note:
Investor Relations
Tel.: 00494051306778
E-Mail: ir@freenet.ag
end of announcement euro adhoc
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company: freenet AG
Hollerstraße 126
D-24782 Büdelsdorf
phone: +49 (0)4331 691000
mail: ir@freenet.ag
WWW: http://www.freenet-group.de
sector: Telecommunications
ISIN: DE000A0Z2ZZ5
indexes: Midcap Market Index, TecDAX, CDAX, HDAX, Prime All Share,
Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English