On 16 May, United Internet AG ("United Internet") has decided to submit a voluntary public acquisition offer in the form of a partial offer to acquire up to 16,250,827 no-par value bearer shares of 1&1 AG not already directly held by United Internet, corresponding to approx. 9.19% of the share capital.

With this offer, United Internet aims to further increase the existing stake in 1&1 of currently around 80.81% of capital stock and strengthen its voting majority. The offer document was published on 5 June.

Hengeler Mueller comprehensively advises United Internet on the voluntary public acquisition offer.

 

Hengeler Mueller-team for United Internet

Public M&A/Corporate: Daniela Favoccia (lead), Lucina Berger (both partner), Lea Grohmann, Christian Voigt (both senior associate), Laura Esmaty (associate, all Frankfurt).

 

Inhouse legal team United Internet

Martin Düker (group general counsel), Tilmann Becker (senior legal counsel).