October 18, 2018 / 6:24 AM / a month ago

Freenet not considering buying further shares in Ceconomy - CEO

BERLIN, Oct 18 (Reuters) - Freenet is not considering buying further shares in German electronics retailer Ceconomy, WirtschaftsWoche magazine on Thursday quoted the telecoms company’s chief executive as saying.

Ceconomy’s stocks are “significantly undervalued”, Christoph Vilanek said, according to the weekly magazine, but added: “Currently Freenet is not considering acquiring further shares in Ceconomy.”

Reporting by Thomas Seythal; editing by Maria Sheahan

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