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Kinnevik AB (KINVb.ST)

KINVb.ST on Stockholm Stock Exchange

225.80SEK
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207.20kr

Latest Key Developments (Source: Significant Developments)

Kinnevik To Invest Sek 0.9 Bln In MatHem
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Kinnevik AB ::REG-KINNEVIK COMMITS TO INVEST SEK 0.9BN IN MATHEM AND BECOMES LEAD SHAREHOLDER WITH A 38% STAKE.COMBINATION OF 0.4BN IN PRIMARY CAPITAL AND 0.5BN IN SECONDARY SHARES TAKING KINNEVIK'S OWNERSHIP TO 38%.CLOSING IS CONDITIONAL ON CUSTOMARY REGULATORY APPROVALS AND IS EXPECTED DURING Q1 OF 2019.MATHEM HAD A TURNOVER OF APPROXIMATELY SEK 1.5BN IN 2018.  Full Article

Kinnevik Nomination Committee Proposes Two New Directors To Kinnevik Board
Friday, 18 Jan 2019 

Jan 18 (Reuters) - Kinnevik AB ::REG-CRISTINA STENBECK, ERIK MITTEREGGER AND MARIO QUEIROZ WILL NOT STAND FOR RE-ELECTION IN 2019, AND THE NOMINATION COMMITTEE PROPOSES TWO NEW DIRECTORS TO THE KINNEVIK BOARD.WILL PROPOSE SUSANNA CAMPBELL AND BRIAN MCBRIDE AS NEW BOARD MEMBERS.  Full Article

Kinnevik Q3 net asset value 78.8 bln SEK
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Kinnevik AB ::KINNEVIK Q3 TOTAL INVESTMENTS OF SEK 1,529M IN Q3 IN SIX NEW COMPANIES.KINNEVIK SAYS NET ASSET VALUE OF SEK 78.8BN (SEK 286 PER SHARE), DOWN SEK 17.6BN OR 18% DURING QUARTER.  Full Article

Kinnevik says Global Fashion Group Q2 sales grow, EBITDA loss narrows
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Kinnevik AB ::FINANCIAL RESULTS FOR THE SECOND QUARTER 2018 FOR GLOBAL FASHION GROUP.SAYS GFG GROUP NET REVENUE FOR THE QUARTER WAS EURO 297.8M, REPRESENTING CONSTANT CURRENCY GROWTH OF 21.1%, OR 5.6% GROWTH IN ABSOLUTE EURO TERMS.SAYS GLOBAL FASHION GROUP Q2 ADJUSTED EBITDA -6.8 MILLION EURO (-12.1).  Full Article

Sweden's Kinnevik Invests NOK 300 Mln In Kolonial.No
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - Kinnevik AB ::INVESTS IN KOLONIAL.NO - THE LEADING ONLINE GROCERY STORE IN NORWAY.SAYS HAS INVESTED NOK 300M IN KOLONIAL.NO AS FOR A 15% STAKE IN NORWEGIAN ONLINE GROCERY RETAILER.SAYS INVESTED NOK 200M IN PRIMARY CAPITAL AND A FURTHER NOK 100M IN SECONDARY SHARES.  Full Article

Kinnevik net asset value was 350 SEK/share by end of Q2
Friday, 20 Jul 2018 

July 20 (Reuters) - Kinnevik AB ::SAYS NET ASSET VALUE OF SEK 96.4BN (SEK 350 PER SHARE), UP SEK 3.1BN OR 3% DURING QUARTER, MAINLY DRIVEN BY ZALANDO AND TELE2.SAYS TOTAL INVESTMENTS OF SEK 789M IN Q2.  Full Article

Kinnevik: Global Fashion Group Q1 adjusted operating loss slightly higher
Friday, 25 May 2018 

May 25 (Reuters) - Kinnevik AB ::SAYS GFG NET REVENUE FOR THE QUARTER WAS EURO 236.9 MILLION (228.7).SAYS GFG ADJUSTED EBITDA FOR THE QUARTER WAS EURO -32.2 MILLION (-31.9).  Full Article

Kinnevik supports proposed merger between Tele2 and Com Hem, becomes largest owner
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Kinnevik ::KINNEVIK SUPPORTS THE PROPOSED MERGER BETWEEN TELE2 AND COM HEM AND WILL BECOME THE LARGEST OWNER IN THE COMBINED COMPANY.SAYS ‍WHEN MERGER HAS BEEN COMPLETED, KINNEVIK WILL BECOME LARGEST SHAREHOLDER IN COMBINED COMPANY, HOLDING 27.3 PERCENT OF SHARES AND 41.9 PERCENT OF VOTES​.  Full Article

Kinnevik proposes Amelia Fawcett as new chairman
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Kinnevik AB ::REG-DAME AMELIA FAWCETT PROPOSED TO BE ELECTED CHAIRMAN OF KINNEVIK.DAME AMELIA FAWCETT HAS BEEN A DIRECTOR OF THE BOARD OF KINNEVIK SINCE 2011 AND HAS SERVED AS DEPUTY CHAIRMAN SINCE 2013.SHE SUCCEEDS TOM BOARDMAN WHO HAS DECIDED NOT TO STAND FOR RE-ELECTION AT THE ANNUAL GENERAL MEETING 2018.  Full Article

MTG CEO confirms 2017 forecasts
Wednesday, 29 Nov 2017 

STOCKHOLM, Nov 29 (Reuters) - Swedish media firm MTG CEO Jorgen Madsen Lindemann to Reuters ahead of Wednesday's capital markets day::* Repeats sees higher sales, profit for MTG Group this year vs 2016.* Repeats expects MTGx, an important growth engine for the firm, to make its first profit in Q4 this year.* MTG made an operating profit of 1.35 bln SEK in 2016, on sales of 17.3 bln SEK.* MTG is in the midst of transforming from a traditional broadcaster into a digital entertainment firm, investing in online gaming, esports and digital video networks while divesting broadcasting operations.  Full Article

Deals of the day-Mergers and acquisitions

Feb 14 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday: