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Kinnevik AB (KINVb.ST)

KINVb.ST on Stockholm Stock Exchange

22 May 2017
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Latest Key Developments (Source: Significant Developments)

Kinnevik says net asset value rose to 289 SEK/share in Q1
Thursday, 27 Apr 2017 02:10am EDT 

April 27 (Reuters) - Kinnevik Ab , Q1::* Says Net Asset Value (NAV) of SEK 79.5bn (SEK 289 per share), up 10 pct or SEK 7.1bn in the quarter.* Says rise in NAV led by a SEK 7.3bn, or 12 pct, increase in the value of the listed investee companies, of which Millicom SEK 4.1bn and Tele2 SEK 1.9bn.* Says on 27 April, Kinnevik announced it had agreed to acquire 18.5% in Com Hem for a cash consideration totalling SEK 3.7bn.  Full Article

Kinnevik says acquires 18.5 pct in Com Hem
Thursday, 27 Apr 2017 01:59am EDT 

April 27 (Reuters) - Kinnevik ::Says acquires 18.5% in Com Hem <<>>.Says a cash consideration of SEK 110 per share, or SEK 3.7 billion in total.Kinnevik says closing is expected to occur on 4 may.Says the acquisition will be fully financed by cash at hand and existing credit facilities and capital market programs. .  Full Article

Livongo Health announces $52.5 mln funding round
Thursday, 16 Mar 2017 08:00am EDT 

Livongo Health:Livongo Health announces $52.5 million funding round co-led by existing investor General Catalyst and international investment company Kinnevik.  Full Article

Kinnevik CEO declines to comment on long-term plans for remaining Rocket stake
Thursday, 23 Feb 2017 05:48am EST 

Swedish investment firm Kinnevik acting CEO Joakim Andersson tells Reuters: Declines to comment on long-term plans for remaining Rocket stake . Says Rocket stake sale has no consequences on our view on our stakes in Global Fashion Group, Home24, Westwing . Says got an opportunity to sell half of its stake in Rocket Internet and that Rocket has been a "fantastic investment" for Kinnevik . Says focus resources on fewer number of companies in our portfolio (Reporting by Olof Swahnberg) ((Olof.Swahnberg@thomsonreuters.com; 08-700 1019; Reuters Messaging: olof.swahnberg.reuters.com@reuters.net)).  Full Article

Kinnevik completes Rocket stake sale, gross proceeds 209 mln EUR
Thursday, 23 Feb 2017 01:11am EST 

Kinnevik AB : Says further to the announcement on 22 February 2017, Kinnevik AB today announced that Kinnevik Internet Lux S.à r.l. ("Kinnevik") has completed the placement of approximately 10.9 million shares (the "Placing Shares") in Rocket Internet SE (the "Company") to institutional investors by way of an accelerated bookbuilding process . placement price is eur 19.25 per share . kinnevik's gross proceeds from transaction will amount to eur 209m .Kinnevik says Company (Rocket) will not receive any proceeds from transaction.  Full Article

Kinnevik launches accelerated bookbuild of shares in Rocket Internet
Wednesday, 22 Feb 2017 11:35am EST 

Kinnevik : Kinnevik says launches accelerated bookbuilding process by Kinnevik Internet to institutional investors of approximately 10.9 million existing shares in Rocket Internet SE . Says placing shares represent 6.6% of company's issued share capital and constitute 50% of kinnevik's shareholding in company .Says BofA Merrill lynch will be acting as sole bookrunner in transaction.  Full Article

Kinnevik net asset value 74.5 bn crowns
Wednesday, 26 Oct 2016 02:12am EDT 

Kinnevik : Says net asset value of SEK 74.5bn .Fair value for e-commerce & marketplaces 41.9 billion sek versus 28.8 billion sek in Q2.  Full Article

Kinnevik Q2 net asset value slips to SEK 64.6 bln
Friday, 22 Jul 2016 02:00am EDT 

Kinnevik Ab : Q2 net asset value of SEK 64.6bn (SEK 235 per share), down 1.7% Further company coverage: [KINVb.ST] ((mia.shanley@thomsonreuters.com)).  Full Article

MTG signs new TV distribution agreement with Telenor
Wednesday, 29 Jun 2016 03:00am EDT 

Modern Times Group Mtg Ab says : Signs new multi-year agreement for the broader distribution of MTG's TV channels on Telenor's networks across the Nordic region. .The extended and expanded agreement covers the distribution of MTG's free-TV channels on Telenor's cable, satellite and IPTV networks in Sweden and Norway, and satellite platform in Denmark..  Full Article

Investment AB Kinnevik changes name to Kinnevik AB
Friday, 3 Jun 2016 01:29am EDT 

: Investment AB Kinnevik changes name to Kinnevik AB and shall be listed under this name as of June 3 Further company coverage: [KINVb.ST] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

More From Around the Web

Swedish investor Kinnevik buys $420 mln stake in cable TV firm Com Hem

STOCKHOLM, April 27 Swedish investment firm Kinnevik said on Thursday it has bought an 18.5 percent stake in Swedish cable TV firm Com Hem in a surprise move that weighed on Kinnevik's share price as it reported first-quarter results.