Investor AB (INVEa.ST) Key Developments | Reuters.com
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Investor AB (INVEa.ST)

INVEa.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Investor AB appoints Johan Forssell as new president and CEO
Wednesday, 28 Jan 2015 02:21am EST 

Investor AB:Johan Forssell new president and CEO of Investor from the annual general meeting 2015.Forsell is a member of Investor's Management Group and Head of Core Investments since 2006.  Full Article

Investor AB proposes dividend, creates new division, appoints President and CEO
Wednesday, 28 Jan 2015 02:21am EST 

Investor AB:Proposes dividend per share of 9.00 (8.00) Swedish crown.Also announced appointment of Johan Forssell as new President and CEO of Investor as of May 12, 2015.Also said creation of new division, Patrica Industries, that will develop and expand its portfolio of wholly-owned subsidiaries.  Full Article

Investor AB: EQT Greater China sold equity stake in Chongqing New Qinyuan Bakery
Monday, 8 Dec 2014 01:00am EST 

Investor AB:The EQT Greater China II Fund ("EQT Greater China") has sold 65% equity stake in Chongqing New Qinyuan Bakery Co., Ltd.  Full Article

Investor increases stake in Wartsila; joint venture with Fiskars to be dissolved
Friday, 19 Sep 2014 01:30am EDT 

Fiskars Oyj Abp:Decreases its holding in Wartsila.Says the company, Investor and their joint venture Avlis AB have signed an agreement according to which Investor acquires 15.8 million shares, or 8 pct of capital and votes in Wartsila from Avlis.Says Investor acquires 15.8 million shares, or 8 pct of the capital and votes in Wartsila from Avlis for about 639 million euros, or 40.55 euros per share.Says following the deal, the joint venture structure will be dissolved.  Full Article

Investor AB's EQT infrastructure II acquires Swedish rail freight company Hector Rail
Thursday, 4 Sep 2014 03:00am EDT 

Investor AB:Says EQT infrastructure II acquires Swedish rail freight company Hector Rail AB.Says Hector Rail operates a fleet of around 50 locomotives and 10 shunters, revenues amounted to about 630 million Swedish crowns in 2013.Says deal is seen closing in Q4 2014.  Full Article

Altor and Investor AB to divest the majority of Lindorff to Nordic Capital
Friday, 18 Jul 2014 02:32am EDT 

Investor AB and Altor:Says they have signed an agreement to divest the majority of their holdings in Lindorff to Nordic Capital for an enterprise value of 2.3 bln Euros.Altor and Investor will retain a maximum 315 mln Euros in equity in Lindorff, of which Investor will hold 58 pct.Upon closing of the transaction, Investor will receive at least 5.8 bln Swedish Krona in cash, with the retained equity and the vendor note making up the balance.Transaction is expected to be completed during the Q4 2014.  Full Article

BRIEF-Investor AB net asset value/shr SEK 344 on March 31

* Says net asset value amounted to SEK 262,282 m. (SEK 344 per share) on March 31, 2016, a decrease of SEK 9,519 m. (SEK 13 per share) during the quarter, corresponding to a change of -4 percent. Source text for Eikon: Further company coverage: (Stockholm Newsroom)