United Internet raises stake in 1&1 to about 89.32% via EUR 850.24 million debt-for-equity swap
Bitget2026/10/05 18:16United Internet will take part in a 20% capital increase at 1&1, completed via an in-kind contribution with subscription rights excluded. Contribution consists of a EUR 850.24 million loan receivable owed by 1&1 Versatel, an indirect wholly owned unit of 1&1. United Internet will receive 35,352,929 new 1&1 shares priced at EUR 24.05 per share. Stake in 1&1 is set to rise to about 89.32% once the capital increase closes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. United Internet AG published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2410650_en) on October 05, 2026, and is solely responsible for the information contained therein.
- United Internet will take part in a 20% capital increase at 1&1, completed via an in-kind contribution with subscription rights excluded.
- Contribution consists of a EUR 850.24 million loan receivable owed by 1&1 Versatel, an indirect wholly owned unit of 1&1.
- United Internet will receive 35,352,929 new 1&1 shares priced at EUR 24.05 per share.
- Stake in 1&1 is set to rise to about 89.32% once the capital increase closes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cybertruck orders far exceed pre-production capacity, Tesla (TSLA.US) to refund deposits to a large number of customers
Elon Musk stated that Tesla will refund the Cybertruck deposits to a significant number of customers.
Barrick Gold (B.US) Q3 Results Mixed: Benefiting from Gold Price Dividend While Facing Cost Pressures
Barrick Mining (B.US) will release its financial results for the third quarter of 2026 before the U.S. stock market opens on November 9.
Europe Becomes a Safe Haven Amid AI Turbulence! Citi Turns Bullish on European Stocks, Downgrades US Stocks: Low AI Exposure Seen as Key Advantage
Citigroup strategists have downgraded the rating of U.S. stocks and upgraded the rating of European stocks, following the recent market turbulence caused by upheaval in the artificial intelligence industry.
Crypto prices
More
