Brief: Kinnevik Q2 Total Investments SEK 2.2 Bln
11/07/2023 08:32
July 11 (Reuters) - Kinnevik AB KINVb.ST :
* Q2 TOTAL INVESTMENTS SEK 2.2 BILLION VERSUS SEK 0.5
BILLION YEAR
AGO
* DISCIPLINED CAPITAL ALLOCATION AND USING OUR STRONG
FINANCIAL
POSITION WISELY TO MAXIMIZE IMPACT OF OUR HIGHEST-CONVICTION
COMPANIES ARE CRUCIAL TO LONG-TERM VALUE CREATION
* DURING QUARTER, OUR DEDICATION TO THESE PRIORITIES AND OUR
UNIQUE ABILITY TO SEIZE OPPORTUNITIES IN CURRENT MARKET IS
MANIFESTED BY OUR USD 100M INVESTMENT IN SPRING HEALTH
* THROUGH THIS INVESTMENT, SPRING HEALTH REPRESENTS OUR
LARGEST
AGGREGATE INVESTMENT SINCE WE COMMENCED OUR TRANSFORMATION IN
2018
Further company coverage: KINVb.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))