Nordic Business Report-May 16, 2006-Provider Venture Partners AB invests SEK30m in Musicbrigade
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The Swedish venture capital company Provider Venture Partners AB said on Tuesday (16 May) that it has agreed to invest SEK30m in digital music company Musicbrigade.
The investment secures Provider Venture Partners a 28% stake in the company.
Musicbrigade owns one of the world's largest digital music video libraries.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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