Brief: Kinnevik Q2 Total Investments Down At SEK 598 Mln

Kinnevik AB

09/07/2024 07:05

July 9 (Reuters) - Kinnevik AB  KINVb.ST :
    * IN Q2, WE COMPLETED THE SECOND STEP OF THE DIVESTMENT OF
OUR
FULL SHAREHOLDING IN TELE2 TO ILIAD/NJJ, ENCOMPASSING SEK 9.391M
IN SALES PROCEEDS  IN ADDITION TO THE NET SEK 2,840M RECEIVED IN
Q1
    * VALUE OF OUR UNLISTED PORTFOLIO WAS WRITTEN DOWN BY 7% IN
Q2,
DRIVEN PRIMARILY BY MULTIPLE CONTRACTIONS IN OUR PUBLIC  PEER
COMPANIES
    * Q2 TOTAL INVESTMENTS SEK 598 MILLION VERSUS SEK 2.2
BILLION YEAR
AGO

Source text for Eikon:  ID:nMFN6ZNcWm 
Further company coverage:  KINVb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))