Strato takeover approved by German anti-trust authorities
Montabaur, February 13, 2017. On December 15, 2016, United Internet AG announced its intention to acquire Strato AG. The takeover was subject to the usual approval by the German Federal Cartel Office (“Bundeskartellamt”). This approval has now been granted. As a result, United Internet can close the transaction as planned in the first quarter of 2017 and consolidate Strato in its accounts as of April 1, 2017.