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Berardo raises stake in PT Multimedia to 2.18 pct.

Europe Intelligence Wire

| February 14, 2007 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From AFX Europe (Focus))

LISBON (AFX) - Portuguese businessman Joe Berardo has increased its stake in PT Multimedia SGPS to 2.18 pct after buying 1.189 mln shares on Feb 9, PTM said in a filing with bourse regulator CMVM.

Press reports said that Berardo is now PTM's sixth biggest shareholder after parent company Portugal Telecom SGPS, Barclays, BES, Banco BPI and Colaney.

Berardo, which has been a vocal …

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