Key Developments: Investor AB (INVEb.ST)

INVEb.ST on Stockholm Stock Exchange

273.80SEK
21 Nov 2014
Price Change (% chg)

4.00kr (+1.48%)
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269.80kr
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Volume
984,512
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273.80kr
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Latest Key Developments (Source: Significant Developments)

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

Investor AB's EQT sells its entire minority investment in Sportradar-Reuters
Wednesday, 21 May 2014 03:03am EDT 

Investor AB:Says EQT expansion capital II sells its entire minority investment in Sportradar-Reuters.  Full Article

Investor AB's EQT sells shares in Munksjo Oyj-Reuters
Wednesday, 21 May 2014 02:02am EDT 

Munksjo Oyj:Investor AB's EQT sells shares in Munksjo-Reuters.Says sold 6,000,000 shares, corresponding to 11.8 percent of the shares, in Munksjo Oyj to institutional investors.  Full Article

Investor AB announces details on FY 2013 dividend
Wednesday, 26 Mar 2014 03:55am EDT 

Investor AB:Says its board of directors and president propose a dividend to the shareholders of 8.00 Swedish crowns per share and that May 9 shall be the record date for receipt of the dividend.If the meeting decides in favor of the proposal, payment of the dividend is expected to be made by Euroclear Sweden AB on May 14.  Full Article

Investor AB proposes FY 2013 dividend
Tuesday, 4 Feb 2014 02:23am EST 

Investor AB:Proposes fiscal year 2013 dividend at 8.00 Swedish crowns per share.Says it paid a dividend of 7.00 Swedish crowns per share for the fiscal year 2012.  Full Article

Investor AB Completes Divestiture of Gambro to Baxter International Inc
Friday, 6 Sep 2013 07:02am EDT 

Investor AB announced that following approval by competition authorities, Investor’s divestiture of its holding in Gambro to Baxter International Inc., announced on December 4, 2012, has been completed. After net debt adjustments, total net proceeds to Investor will amount to SEK 10.2 billion, of which SEK 1.6 billion from EQT. Of the total proceeds of SEK 10.2 billion, SEK 1.2 billion will remain in escrow for 15 months. Proceeds relating to Investor’s direct ownership in Gambro of approximately SEK 7.4 billion were received on September 6, 2013.  Full Article

EU Approves Baxter's Bid for Investor AB's Gambro-DJ
Monday, 22 Jul 2013 12:07pm EDT 

Dow Jones reported that Baxter International Inc. received conditional approval from the European Union (EU) to acquire the Swedish dialysis equipment maker Gambro AB from Investor AB. The European Commission stated though that the approval is subject to Baxter following through on plans to sell its continuous renal replacement therapy (CRRT) business, which serves patients suffering from acute kidney failure.  Full Article

Investor AB to Updates on Sale of Gambro to Baxter International Inc
Wednesday, 17 Jul 2013 08:00pm EDT 

Investor AB announced that the regulatory process to get the Gambro transaction cleared by the authorities is moving along, albeit slower than initially estimated. The transaction is now expected to close during the third quarter of 2013. On December 4, 2012, Investor (49%) and EQT (51%), signed an agreement to divest Gambro to the medical technology company Baxter International Inc. for an agreed total enterprise value of SEK 26.5 billion. According to the agreement, Gambro’s equity value will be based on the enterprise value after deduction of the net debt at the closing of the transaction.  Full Article

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