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freenet AG (FNTGn.DE)

FNTGn.DE on Xetra

21.30EUR
10:05pm IST
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€21.35
Open
€21.41
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€21.52
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Mon, Oct 14 2019

Freenet still rejects Sunrise deal despite Liberty Global offer

ZURICH Freenet still opposes Sunrise's 6.3 billion Swiss franc ($6.32 billion) deal to buy Liberty Global's Swiss business, despite a new offer from the American seller to take part in the acquisition.

Sunrise's UPC takeover fight grinds on as Freenet spurns concession

ZURICH Sunrise Communications slashed the size of a rights offer but this failed to secure the support of a major shareholder for its 6.3 billion Swiss franc ($6.35 billion) purchase of Liberty Global's Swiss UPC unit.

Sunrise investor AOC opposes UPC takeover despite reduced rights issue

ZURICH Sunrise investor AOC joined Germany's Freenet in fighting the Swiss telecoms group's 6.3 billion Swiss franc ($6.33 billion) takeover of Liberty Global Swiss UPC assets, saying a proposal to reduce a rights issue was insufficient to change its mind.

Freenet has no quick plans to sell Sunrise shares: CEO

ZURICH Germany's Freenet does not intend to sell its shares in Sunrise Communications soon no matter what happens with the capital increase Sunrise plans to fund its 6.3 billion Swiss franc ($6.35 billion) purchase of Liberty Global's Swiss UPC business, Freenet's chief executive said.

Freenet has no quick plans to sell Sunrise shares - CEO

ZURICH, Sept 27 Germany's Freenet does not intend to sell its shares in Sunrise Communications soon no matter what happens with the capital increase Sunrise plans to fund its 6.3 billion Swiss franc ($6.35 billion) purchase of Liberty Global's Swiss UPC business, Freenet's chief executive said.

Freenet-led revolt against Sunrise's UPC deal gains allies

ZURICH Sunrise Communications' proposed takeover of Liberty Global's Swiss UPC business faces a revolt with at least two big investors joining top shareholder Freenet in opposing the 6.3 billion Swiss franc ($6.46 billion) deal, sources said.

Swiss telco Sunrise determined to salvage UPC deal

ZURICH Telecoms group Sunrise Communications will next week present a new evaluation with revised savings of its planned takeover of Liberty Global's Swiss business UPC, in a bid to win sufficient shareholder support for the deal.

Proponents of UPC deal dominate Sunrise shareholder ranks: CFO

ZURICH Most shareholders of Sunrise Communications back its plans to buy Liberty Global's Swiss UPC business despite opposition from big investor Freenet , Sunrise's finance chief said on Tuesday, expressing confidence the 6.3 billion Swiss franc ($6.46 billion) deal would proceed.

Sunrise CFO says still in talks with Freenet over UPC deal

ZURICH Sunrise Communications remains in talks with top shareholder Freenet about the planned 6.3 billion Swiss franc ($6.46 billion) takeover of Liberty Global's Swiss business UPC, Sunrise finance chief Andre Krause told Reuters.

Proponents of UPC deal dominate Sunrise shareholder ranks - CFO

ZURICH, Aug 27 Most shareholders of Sunrise Communications back its plans to buy Liberty Global's Swiss UPC business despite opposition from big investor Freenet, Sunrise's finance chief said on Tuesday, expressing confidence the 6.3 billion Swiss franc ($6.46 billion) deal would proceed.

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