United Internet today acquired the 4,461,379 shares in Sedo Holding AG, Cologne, held by Sedo's founders and raised its stake in the company to 96.05%. The shares in Sedo Holding AG were acquired by United Internet Ventures AG at a price of EUR 2.60 per share. United Internet aims to integrate the Affiliate Marketing and Domain Marketing business fields operated by Sedo Holding AG more closely into the strategic development of the United Internet Group. Against this backdrop, United Internet Ventures AG will initiate a squeeze-out process at Sedo Holding AG over the coming weeks in line with Secs. 327a mn. my Etxjdk Uemom Nolkogmwqgw Dkx (QrwA).
United Internet increases its stake in Sedo to 96.05% and plans squeeze-out
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