Kirkland & Ellis has advised Tele Columbus AG on a capital increase of EUR475 million. The capital increase was registered with the commercial register of the Company on 12 May, 2021. On 14 May, 2021, the new shares were admitted to trading on the Frankfurt stock exchange.
With the completion of the capital increase, Kublai GmbH now holds 94.6 per cent of the share capital and voting rights in Tele Columbus AG.
Tele Columbus AG is one of the leading fibre-optic network operators in Germany with a reach of more than three million households. The company, headquartered in Berlin and with branches in Leipzig, Unterföhring, Hamburg, Ratingen and Chemnitz, has been listed in the Prime Standard of the Frankfurt Stock Exchange since January 2015.
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