STOCKHOLM Feb 14 Swedish investment firm
Kinnevik said on Friday its fourth quarter net asset
value rose 11.5 percent to 65.5 billion Swedish crowns ($10.14
billion) from a year earlier and proposed an 8 percent increase
in its dividend for the year.
The investment company, a major investor in the telecoms
industry and Germany's Zalando - Europe's biggest online fashion
firm - announced last month Chief Executive Mia Brunell Livfors
would step down to seek a new challenge after nearly a decade as
head of the company.
Kinnevik said it would invest 2-3 billion Swedish crowns
($309-$464 million) in 2014, down from the 2.4 billion it
invested last year.
The board proposed a 7 crown per share dividend for the
year, up from 6.50 crowns last year.
($1 = 6.4650 Swedish crowns)
(Reporting by Mia Shanley)