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Sydinvest buys majority stake in

Sydinvest Zrt bought 1 million shares of Nyrt in two days, the online bookshop company announced.

Sydinvest Zrt acquired a share of 30.534% and now has the largest stake in Nyrt. The investment company is also majority owner of news portals and is one of the most promising investments of the Hungarian internet business Kristóf Nobilis, general manager of Sydinvest commented.

He is considering to further increase the stake in; the decision depends on the negotiations with Bookline-founder György Márffy, who has 28.24% stake. Márffy welcomed the fact that someone paid almost Ft 1 billion for 30% share of and emphasized that this justifies the owners’ decision to introduce the company to Budapest Stock Exchange. (Napi Gazdaság)