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United Internet AG is a Germany-based Internet service provider (ISP) and holding company of the United Internet Group. The Company's products and technical services are divided into two key segments. The Access segment comprises narrowband, broadband and mobile access subscriptions, including the corresponding applications. The Applications segment includes such applications as home pages, e-shops, Personal Information Management applications, group work, online storage and office software. The Application segment also includes the operations of the Company's brands Sedo and affilinet, which serve customers performance-based advertising and sales possibilities. The Company's brand portfolio also includes GMX, WEB.DE, 1&1, united-domains, Fasthosts and InterNetX. In addition, the Company develops Internet based applications, such as cloud applications. The Company acts primarily via its wholly owned subsidiary 1&1 Internet AG, and Sedo Holding AG, in which it holds a majority stake.
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The independent financial analyst theScreener just changed two ratings for the qualification of UNITED INTERNET AG (DE), active in the Integrated Telecommunications industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 2 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date August 16, 2019, the closing price was EUR 28.46 and its expected value was estimated at EUR 28.07.
>Record bids, the incumbents do well - After a record 497 rounds, 5G auctions in Germany concluded on Wednesday evening with total bids of € 6.55bn, close to our estimate of € 6.7bn.From round 187, bids for the 2.1 GHz spectrum were generally frozen: DTE and VOD ended with 40 MHz each, while TEFD and DRI secured 20 Mhz. In the case of 1&1 Drillisch, the blocks will be made available in 2026, which implies that: 1/ payment will be due on 30 June 2024 at the latest...
>Des enchères record, les acteurs historiques s’en sortent bien - Après une durée record de 497 rounds, les enchères 5G en Allemagne se sont conclues mercredi soir avec une dépense globale de 6.55 Md€, proche de notre estimation de 6.7 Md€.Dès le round 187, les enchères sur le spectre 2.1 Ghz étaient globalement figées : DTE et VOD terminent avec 40 Mhz chacun, tandis que TEFD et DRI repartent avec 20 Mhz. Dans le cas de 1&1 Drillisch, ces blocs seront mis à disp...
On 9 May 2019, the Company issued convertible bonds for a total principal amount of EUR 150 million. The sole agenda item relates to the proposed approval and ratification, in accordance with Article 556 of the Belgian Companies Code, of conditions of the convertible bonds in case of a change of control. These are standard provisions and they are in line with the market practice. Hence, we see no reason for shareholder concern and recommend to approve.
General: Hella is a leading automotive supplier with over 125 locations in some 35 countries. In financial year 2018/2019, the Company generated sales of EUR 7.0bn with around 39,000 employees. Hella specialises in innovative lighting systems and vehicle electronics in its segments Automotive and Aftermarket. Furthermore, in its Special Applications segment, Hella develops, manufactures and sells lighting and electronic products for specialist vehicles. As of 31 May 2019, a total of 60.00% of the Company's shares were covered by a pool agreement of family shareholders. A total of 62 members o...
In general, NN Group is in compliance with the Dutch regulations relating to the organisation and procedures of the Extraordinary General Meeting. On August 12, 2019, the Company announced that Mr. Lard Friese stepped down as CEO of the Company to become the new CEO of Dutch competitor Aegon. ECGS notes that the sole agenda item of this EGM (ITEM 2) concerns the intended appointment of Mr. David Knibbe as CEO and member of the executive board of NN Group. According to Dutch law and the Company's Articles of Association, shareholders are NOT entitled to vote on such agenda item; it is a discus...
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