United Internet said on 5 October it would contribute an €850m loan claim to 1&1 in return for about 35.4m new shares. Its holding rises to roughly 89.3%.
Market context
The non-cash capital increase simplifies group financing and supports 1&1's mobile network roll-out. Analysts flagged that crossing 90% would give United Internet more options on 1&1's ownership, though management has not signalled a squeeze-out.
