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Home › Freenet reaffirms decision to vote against capital increase to finance Sunrise UPC takeover

 

Freenet reaffirms decision to vote against capital increase to finance Sunrise UPC takeover

2019-10-01 16:11:00| Telecompaper Headlines

(Telecompaper) Despite the plan by Sunrise to reduce the size of the capital increase to finance the takeover, Freenet believes that the transaction leads "to value destruction for all existing Sunrise shareholders", and "regards the strategic rationale as fundamentally flawed". 

Tags: increase finance capital decision

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