February 22, 2017 / 4:39 PM / 6 months ago

BRIEF-Kinnevik launches accelerated bookbuild of shares in Rocket Internet

Feb 22 (Reuters) - Kinnevik

* Kinnevik says launches accelerated bookbuilding process by Kinnevik Internet to institutional investors of approximately 10.9 million existing shares in Rocket Internet SE

* Says placing shares represent 6.6% of company's issued share capital and constitute 50% of kinnevik's shareholding in company

* Says BofA Merrill lynch will be acting as sole bookrunner in transaction Source text for Eikon: Further company coverage: (Reporting By Johan Ahlander)

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