United Internet AG announced that Sedo Holding AG, a listed company in which it holds a 79.45% shareholding, had recognized non-cash-effective extraordinary impairment charges for goodwill of EUR 60.3 million.
United Internet noted that these write-downs were necessitated in particular by a significant change in expectations with regard to Domain Parking business.
Due to consolidation of the Sedo figures, United Internet said it will disclose non-cash-effective extraordinary impairment of EUR 46.3 million in its consolidated financial statements. The company added that other business divisions are developing as planned.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.