Thursday, June 7, 2007

O'Brien raises Independent News stake to 8.35 pct

(Reuters) - Irish telecoms billionaire Denis O'Brien said on Wednesday he had raised his stake in Dublin-based newspaper publisher Independent News & Media to 8.35 percent from 7.28 percent.

"As at close of business on 4th May 2007, I had an interest (directly or indirectly) in 64,165,000 ordinary shares ... which represents approximately 8.35 percent of the total issued share capital," O'Brien said in a notification to the Irish company.


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