Freenet buys remaining 25% stake in waipu.tv owner Exaring for EUR 76 million
Freenet acquired the remaining minority stakes of about 25% in Exaring, taking waipu.tv ownership to 100%. Initial purchase price set at about EUR 76 million, implying an enterprise valuation of about EUR 300 million. Additional performance-linked payments could reach up to EUR 50 million if targets are met. Deal funde