Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Drillisch Doesn’t Rule Out Higher Freenet Stake, Boersen Says

June 29 (Bloomberg) -- Drillisch AG Chief Executive Officer Paschalis Choulidis doesn’t rule out buying more shares of Freenet AG, as losses carried forward by that company to reduce future tax liability wouldn’t be affected as long as Drillisch owns less than 30 percent, Boersen-Zeitung reported, citing an interview.

Freenet’s management has to retain “a certain capacity to act” on its dividend and the proposed payment of 80 cents is “not a bad sum,” Choulidis was cited as saying. While he reiterated that a merger of the two companies would be “value-creating,” there are “no talks” about a combination at present, according to Boersen-Zeitung.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at crahn2@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong in Berlin at kwong11@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.