Robert Lantos has boosted his stake in Entertainment One as part of a buyout offer to existing shareholders. As British equity investor Marwyn Neptune Fund raised its own stake in the Canadian producer and distributor from 27.7% to 44.4%, Lantos, a non-executive director of E1, picked up 1.12 million shares, or a 0.9% stake, adding to the 2.56 million shares he already owned. Also as part of the partial cash offer to existing E1 shareholders completed on March 27, Darren Throop, CEO of E1, acquired another 1.5 million shares to take his holding to 3.2%, or 4.2 million shares.

Marwyn in early March said its minority stake in the Canadian company is a long-term investment, and not a prelude to a takeover offer.