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Freenet says to vote against Sunrise rights issue for UPC takeover

2019-08-16 09:46:00| Telecompaper Headlines

(Telecompaper) German operator Freenet announced it will vote against Sunrise's planned share issue to finance the takeover of UPC Switzerland. Freenet is the largest shareholder in Sunrise with a 24.5 percent stake. An EGM is planned for this autumn to vote on the CHF 4.1 billion rights issue. 

Tags: rights issue vote sunrise

Category:Telecommunications

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