Mobilcom gains Eu176m in Freenet share sale

18 Sep 2003

Mobilcom, the German telecoms company, yesterday (Thursday) sold a 20% stake in German internet services provider Freenet, raising Eu176.1m.

Deutsche Bank sold the issue overnight as a bought deal to institutional investors.

The shares were placed at Eu47, a 5.15% discount to Wednesday's close of Eu49.55. The book closed before ...

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