Ecommerce Alliance AG (DB:ECF) acquired Mountain Internet AG from Mountain Partners AG on October 4, 2017. Under the terms of the transaction, Ecommerce Alliance AG will acquire Mountain Internet AG in two steps. In a first step, Ecommerce Alliance will acquire 62.6% stake by way of issuing 1.1 million shares at a price of €7.5 per share to Mountain Partners AG. In the second step, Ecommerce Alliance will acquire the remaining 37.4% stake of Mountain Internet AG in cash. As a result of this transaction, Mountain Partners AG has increased its stake in Ecommerce Alliance AG from 31.9% to 50.1%. Ecommerce Alliance AG (DB:ECF) completed the acquisition of Mountain Internet AG from Mountain Partners AG on October 4, 2017.