February 2, 2018 / 6:13 AM / 8 months ago

Cevian Capital raises Ericsson stake to 5 pct of votes

STOCKHOLM, Feb 2 (Reuters) - Activist fund company Cevian Capital said after market close on Thursday it now owns 8.5 percent of share capital and 5 percent of votes in Swedish mobile telecom equipment maker Ericsson.

* Cevian says has today disclosed to Ericsson and to the Swedish Regulator Finansinspektionen a holding of 281,757,201 Ericsson B-shares and 331,346 Ericsson A-shares, corresponding to around 8.46 percent of shares and 5.01 pct of votes.

* The firm said in a filing with the SEC on Jan. 29 it then held 331,346 A-shares and 273,283,710 B-shares.

* Ericsson shares fell sharply on Wednesday after it released its year-end report. (Reporting by Johannes Hellstrom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below