|Bid||4.55 x 0|
|Ask||4.56 x 0|
|Day's range||4.56 - 4.56|
|52-week range||3.37 - 4.84|
|PE ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
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 ...
German internet service provider United Internet plans to buy a majority stake in mobile operator Drillisch in a staggered stock and cash deal which will boost competition at the low end of the crowded German telecoms market. United Internet plans to combine Drillisch and its own 1&1 consumer fixed-line and mobile business within the group, maintaining Drillisch's independent listing and "attractive" dividend policy, the companies said on Friday. The proposed transaction values the 1&1 Telecommunication retail business at 5.85 billion euros ($6.36 billion) and will create a business with annual sales of more than 3.2 billion euros and more than 12 million customers, the companies said.
European shares were steady at 14-month highs on Wednesday, supported by well-received earnings updates from companies such as Lloyds, Telefonica Deutschland and Scor. The pan-European STOXX 600 index ...
Lufthansa named Thorsten Dirks, a telecoms exec used to cut-throat price competition, to its management board on Wednesday to lead the expansion of budget unit Eurowings, which is rapidly building its ...