Permira won't sell freenet stake... yet

22 Jul 2008

Joerg Rockenhaeuser, head of the German operations of financial investors Permira, has told Die Welt that there the company will not sell its 25% stake in freenet this August. Permira has the right to sell 40% of its share in freenet on 8 August, and the remainder one year later. However, Rockenhaeuser did say that ‘once freenet has stabilised in its current shape, we will slowly reduce our shareholding.’

Germany, freenet