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Dixon’s Sell £215m Wanadoo Share
By: MarkJ - 25 November, 2003 (1:05 PM)

Dixon's has sold its 48.4 million shares stake in Wanadoo, Freeserve's French parent ISP, for £215 million:

Dixons earned its stake in Wanadoo following the sale of UK ISP, Freeserve, to the French company in 2000 for £1.65 billion. Dixons created Freeserve - the first major UK ISP not to charge a subscription - in September 1998 before it quickly grew into the UK's leading ISP.

The Register notes that Dixon's shares were up 2.5p during early trade.

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