Lights Ventures bought 16.97% of Bianor (NEUTRAL)

04.11.2024 Source: Bianor Holding; FFBH

Bianor Holding (BNR) revealed that Lights Ventures acquired 16.97% stake in the holding following the capital increase procedure. The Lights Ventures was the sole owner of Digital Lights until the latter became a part of Wiser Technology. The individual report of Bianor for Q3 2024 revealed that investment in the Digital Lights is valued at BGN 21.5m. Recall that the recent capital increase procedure of BNR was intended mainly to cover the bridge financing liabilities for the acquisition of Digital Lights and new acquisitions in Western Europe.