The Hungarian cable operator TVNetWork has seen a change in its ownership structure, with more developments likely to place later in the year.
BBJ reports that Carose, which is based in The Netherlands, has raised its stake in the company from 20% to 32.99%. The seller is understood to be System Info, which had raised its stake to 14.72% as recently as April 16.
The two largest shareholders in TvNetWork are Businesslink (32.7%) and RCS/RDS-owned Digi.
One scenario would be for Digi, which bought into TvNetWork last December, to raise its stake to 33% and then make a move to delist the company.