Global Finance Group invests in NetMed

MIH Ltd (Nasdaq: MIHL) the international television platform operator and software technology group, today announced the investment made by Global Capital Investors II LP, a fund managed by Global Finance Group, in its Mediterranean platform, NetMed BV. Global Finance's fund will acquire approximately 11% stake in NetMed BV by way of a share capital increase. As part of the agreement, NetMed will be converted into a public company with a view to be listed in 2001.

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