United Internet AG Launches Public Offer to Increase Stake in 1&1

United Internet AG has announced a voluntary public acquisition offer to acquire additional shares of 1&1 AG. The offer targets up to 16,250,827 shares, equivalent to approximately 9.19% of 1&1's share capital, at EUR 18.50 per share. This price represents a premium of about 20% over the recent XETRA closing price and about 29% over the three-month average.

Having exceeded an 80% shareholding in April 2025, United Internet aims to raise its ownership to 90% to solidify its voting majority. The company intends to maintain at least a 10% public float to ensure sufficient market liquidity.

No plans exist for a domination agreement, delisting, or a squeeze-out following this offer. The complete offer document will be subject to approval by BaFin and made available online.