Kinnevik AB (KINVb.ST)
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.
April 27 Swedish investment firm Kinnevik on Thursday said it had bought an 18.5 percent stake in Swedish cable-tv firm Com Hem as it presented its first-quarter report.
* Says Net Asset Value (NAV) of SEK 79.5bn (SEK 289 per share), up 10 pct or SEK 7.1bn in the quarter
BERLIN Global Fashion Group, the emerging markets fashion retailer set up by German ecommerce investor Rocket Internet, reined in losses in the fourth quarter as it increased efficiency across its regions despite tough economic conditions.
BERLIN, April 5 Global Fashion Group, the emerging markets fashion retailer set up by German ecommerce investor Rocket Internet, reined in losses in the fourth quarter as it increased efficiency across its regions despite tough economic conditions.
BERLIN Qatar's sovereign wealth fund took a stake in Rocket Internet's loss-making recipe and ingredients business HelloFresh in a December fundraising, the German company said on Thursday.
* Says Kinnevik will own 3.5 pct of Livongo after funding round
BERLIN/STOCKHOLM Shares in Rocket Internet fell as much as 14 percent on Thursday after major investor Kinnevik sold half its stake in the German e-commerce company as the two increasingly becoming competitors.
* Sale has no consequences for other joint holdings-Kinnevik (Adds Kinnevik, Rocket comments, background)
STOCKHOLM, Feb 23 Swedish investment firm Kinnevik acting CEO Joakim Andersson tells Reuters: