Press release
Berlin, November 27, 2025. Kublai GmbH has informed Tele Columbus AG (the “Company”) that it, as the Company’s main shareholder with a stake of approximately 97.67% of the share capital, intends to implement a squeeze-out under stock corporation law in accordance with Sections 327a et seq. AktG (German Stock Corporation Act) and accordingly demands that the Company’s general meeting resolves to transfer the shares of the remaining shareholders (minority shareholders) to Kublai GmbH in return for an appropriate cash compensation.
Once the valuation work, currently being carried out, has been completed, Kublai GmbH will inform about the appropriate cash compensation as part of a second specifying squeeze-out demand.
In accordance with legal requirements, the Company will provide information on the date of the general meeting at which a corresponding transfer resolution is to be adopted and will convene such meeting.
Additionally, Kublai GmbH has informed us that it intends to convert the Company into a GmbH following completion of the squeeze-out.












