Drillisch AG (DRIG.DE)
17 Jan 2018
Fri, Jan 12 2018
* WILL BEAR A NEW NAME IN FUTURE: "1&1 DRILLISCH AG" Source text for Eikon: Further company coverage: (Gdynia Newsroom)
* STRATEGIC ALLIANCE AGREED BETWEEN UNIT DRILLISCH ONLINE AG AND APTUS, A CONSORTIUM AFFILIATED TO RENÉ SCHUSTER
* DGAP-NEWS: DRILLISCH AG: MANAGEMENT BOARD MEMBER CONTRACT WITH MR. DRIESEN PREMATURELY EXTENDED
FRANKFURT, Nov 13 German internet service provider United Internet reported a forecast-beating rise in third-quarter core earnings and booked one-off gains related to its acquisition of budget mobile firm Drillisch .
* 9 months EBITDA from continuing operations rose 24.7 percent to 352.7 million euros
* Drillisch ag: change of supervisory board chairman following the closing of the overall transaction
* dgap-news: Drillisch AG: implementation of the planned change in the management board following closing of the overall transaction.
* DGAP-NEWS: UNITED INTERNET AND DRILLISCH SUCCESSFULLY COMPLETE OVERALL TRANSACTION
FRANKFURT Drillisch shareholders voted overwhelmingly on Tuesday to approve a takeover by United Internet, creating a stronger competitor to Germany's three telecoms network operators in a deal worth over 8 billion euros ($9.33 billion).
* Merger creates more credible challenge to network operators
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