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BRIEF-Kinnevik CEO declines to comment on long-term plans for remaining Rocket stake
February 23, 2017 / 10:52 AM / 10 months ago

BRIEF-Kinnevik CEO declines to comment on long-term plans for remaining Rocket stake

STOCKHOLM, Feb 23 (Reuters) - Swedish investment firm Kinnevik acting CEO Joakim Andersson tells Reuters:

* Declines to comment on long-term plans for remaining Rocket stake

* Says Rocket stake sale has no consequences on our view on our stakes in Global Fashion Group, Home24, Westwing

* Says got an opportunity to sell half of its stake in Rocket Internet and that Rocket has been a “fantastic investment” for Kinnevik

* Says focus resources on fewer number of companies in our portfolio

Reporting by Olof Swahnberg

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