The telecom company 1 & 1 share flies from the SDAX after the proportion of the parent company United United.
1 & 1 would be replaced by the paper of the Swedish Verve Group, the index provider Stoxx had communicated in Zug on Tuesday evening after closing the IPO. The change will take effect this Friday (July 11).
Verve Group is a tech company from Sweden and focuses on digital advertising and game development. The company is listed in the General Standard, which does not have as high transparency requirements as the Prime Standard.
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