1&1 AG To Acquire Versatel in €1.3bn Intra-Group Fiber Deal
According to 1&1, the company's supervisory board has approved the share purchase agreement. The deal encompasses all of Versatel's assets and liabilities, including extensive network infrastructure and a loan obligation of around €950 million ($1.09 billion) owed to United Internet.
The agreement also includes a [...][... Check source for end of article ...]
Tags: Telecom
URL source: https://hostingjournalist.com/news/1-1-ag-to-acquire-versatel-in-%E2%82%AC1-3bn-intra-group-fiber-deal
Company: IONOS.de
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