December 14 (SeeNews) - Bulgarian online media company Investor.bg [BUL:4IN] said that cable TV operator M SAT Cable has increased its stake in the company to 65.97% from 50.11% after a recent capital hike.
Following the capital increase, M SAT Cable now holds 3.15 million Investor.bg shares, the online media company said in a statement on Wednesday.
Last month, Investor.bg [BUL:4IN] said it has increased its capital to 4.78 million levs ($2.9 million/2.4 million euro) from 3.19 million levs via the issuance of 1.59 million shares.
(1 euro = 1.95583 levs)