EANS-News: freenet AG disposes of further holdings
04.12.2012 – 16:04
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- 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