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United Internet buys stake in Rocket Internet

By Jonathan Gould FRANKFURT (Reuters) – German Internet service provider United Internet AG is investing 435 million euros ($582 million) for a 10.7 percent stake in venture capital group Rocket Internet, the companies said on Friday. Berlin-based Rocket Internet aims to create the largest Internet empire outside the United States and China, and it is expected to list its shares in Frankfurt …

Quoted from United Internet buys stake in Rocket Internet on internet – Yahoo News Search Results

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