Emirates International and Maltese telco GO have further increased their combined stake in Greek pay TV and broadband operator Forthnet.
The firms have acquired an additional 4,316,931 Forthnet shares via special purpose joint venture Forgendo.
Following…
Emirates International and Maltese telco GO have further increased their combined stake in Greek pay TV and broadband operator Forthnet.
The firms have acquired an additional 4,316,931 Forthnet shares via special purpose joint venture Forgendo.
Following the latest transaction, worth E4.67m, Forgendo now owns 39.8787% of Forthnet.
EIT, a joint venture between Tecom and Dubai Investments Group, owns a 60% stake in GO.