✉news TechnologyInternet first seen 1 d ago, last 21 h ago, peak #22
1&1 to increase share capital with contributions in kind
Original: United Internet AG Says 1&1 AG To Increase Share Capital By Contributions In Kind
United Internet AG announced that its subsidiary 1&1 AG plans to increase its share capital through contributions in kind rather than cash. The move means shareholders or the parent will receive new shares in exchange for assets injected into the company. Details on the size of the increase and the assets involved were not given in the announcement.
Why now: United Internet has just announced a capital measure at 1&1, drawing attention from investors tracking the telecom group's financing moves.
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