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Kinowelt sells media[netCom] stake

As part of its ongoing consolidation and focusing on so-called core business, the beleaguered Kinowelt Medien Group has offloaded its 7.7% stake in the Marburg-based media[netCom] AG by selling 622,222 shares at the current market price to three financial investors who had hitherto not held any shares in the video-on-demand operator.

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