Companies / Greece
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Emirates International Enhances Stake In Forthnet
August 2008 | Company Finance AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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News: Greek internet service provider Forthnet has declared that Emirates International has increased its stake in Forthnet to 33.9% from 25.6%, following a EUR300mn (US$447mn) capital increase. Forthnet had opted for the capital infusion to enable it to purchase cable TV and value-added service providers NetMed and Intervision in April 2008 for EUR490mn.