Brief: Kinnevik Supports Travelperk's Funding Round, Platform Acquisition

Kinnevik AB

28/01/2025 06:30

Jan 28 (Reuters) - Kinnevik AB  KINVb.ST :
    * KINNEVIK SUPPORTS TRAVELPERK’S FUNDING ROUND AND
ACQUISITION OF
SPEND MANAGEMENT PLATFORM
    * FUNDING ROUND VALUES TRAVELPERK AT USD 2.7BN POST-MONEY
    * ON A PER-SHARE USD BASIS, THIS VALUATION IS APPROXIMATELY
40
PERCENT ABOVE VALUATION UNDERPINNING KINNEVIK'S NET ASSET VALUE
AS OF 30 SEPTEMBER 2024

Source text:  ID:nMFN5cMnRZ 
Further company coverage:  KINVb.ST 

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