We began a major international initiative last November, when we acquired the largest Internet services provider in the United Kingdom, Unipalm Group plc
, followed by a 40% interest in the leading Internet provider in Germany, EUnet Germany.
In addition to UUNET's announcements regarding Taiwan and Canada, the company has also acquired Unipalm Group plc
, the largest Internet service provider in the United Kingdom, and made a 40% equity investment in EUNET Deutschland, the leading Internet access provider in Germany.
The acquisition of Unipalm Group plc
has made financial reporting complex this quarter, and the accompanying financial statements are shown on a consolidated basis for 1995 as appropriate under pooling of interests accounting.
John Sidgmore, president and CEO of UUNET, stated that, "Establishing our operations in Germany through this investment in EUnet Germany provides an opportunity to further accelerate our international expansion following our recent acquisition of Unipalm Group plc
in the United Kingdom, the largest Internet provider in Europe.
NASDAQ: UUNT) announced today that its tender offer for the shares of Unipalm Group plc
has become wholly unconditional.
14, Goldman Sachs International announced that, pursuant to the Offer for Unipalm Group plc
made on Oct.
UUNET") to acquire all of the ordinary shares of 5p each, issued and to be issued, in Unipalm Group plc
("Unipalm Shares"), is Nov.
NASDAQ: UUNT) announced today that it will make a tender offer to acquire all of the outstanding shares of Unipalm Group plc including its Unipalm/PIPEX subsidiary.
50 pounds and Unipalm Group plc at approximately $154 million.
a wholly owned subsidiary of Unipalm Group plc
, offers connection to a global Internet of an estimated 36 million users worldwide (source: Internet Society, January 1995).