freenet

Freenet is acquiring the remaining 25% of Exaring for around €76 million based on a valuation of about €300 million; a further €50 million will be due if certain targets are met. With the acquisition, Freenet secures full control of Waipu.tv (roughly 2 million customers, 20–25% market share) and the 12,000‑kilometer IPTV‑dedicated fiber network. The takeover blocks a planned IPO of Exaring and is intended to give Freenet full earnings and cash‑flow participation as well as operational flexibility. » Mere på golem.de

freenet has bought the remaining roughly 25% of operator Exaring AG and is paying €76 million for it; if business performs strongly, up to €50 million more may be payable. As a result, a previously sought IPO by minority shareholders will not be pursued; under the purchase agreement the transaction values Exaring at around €300 million. freenet is funding the acquisition entirely from cash, does not intend to restrict its dividend policy and regards waipu.tv as a strategic growth driver. The announcement was received positively by the stock market and lifted freenet’s share price. » Mere på finanzen.net

freenet acquires all remaining minority stakes in Exaring AG, which houses Waipu.tv, becoming sole owner. For the roughly 25% it pays an initial €76 million, with up to €50 million additional contingent on very strong business performance; Exaring is thereby valued at about €300 million. A planned IPO for Exaring will not be pursued. The takeover is being financed entirely from freenet’s own resources; the dividend policy remains unchanged at a minimum of €2.00 per share for 2026 to 2028. » Mere på finanzen.net

Freenet, according to industry sources, has for the time being shelved plans for an IPO of its streaming unit Waipu.tv and is pursuing other options. The group controls around 75% of the shares and is trying to secure the remaining stock after minority shareholders had considered exiting. Waipu.tv has almost two million paying subscribers, is driving growth and recently raised its operating profit significantly; previously banks and a possible valuation of up to 1.5 billion euros had been examined. » Mere på n-tv.de

According to Bloomberg, freenet is close to an agreement to buy the minority shareholders' stakes in Waipu.tv after plans for an IPO were dropped. Talks are advanced but could still fail, and it is unclear whether all minority shareholders want to sell. freenet already holds 74.6 percent of Waipu.tv and could announce the deal in the coming days. » Mere på finanzen.net