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Investor AB (INVEb.ST)

INVEb.ST on Stockholm Stock Exchange

381.90SEK
18 May 2018
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Latest Key Developments (Source: Significant Developments)

Investor AB to buy Piab from EQT in 7 bln SEK deal
Monday, 30 Apr 2018 

April 30 (Reuters) - Investor AB ::PIAB BECOMES A NEW SUBSIDIARY WITHIN PATRICIA INDUSTRIES.PATRICIA INDUSTRIES, A PART OF INVESTOR AB, HAS AGREED TO ACQUIRE THE SWEDISH COMPANY PIAB GROUP AB FROM EQT.SAYS ENTERPRISE VALUE AMOUNTS TO SEK 6.95 BN.SAYS FOR 12-MONTH PERIOD ENDING MARCH 31, 2018, SALES AMOUNTED TO APPROXIMATELY SEK 1.2 BN. (PRO FORMA) AND EBITDA AND EBITA MARGINS WERE 29-30 PERCENT AND 28-29 PERCENT RESPECTIVELY.SAYS PATRICIA INDUSTRIES EXPECTS TO INJECT APPROXIMATELY SEK 5.5 BN. IN EQUITY FOR MAJORITY OWNERSHIP OF COMPANY.SAYS REMAINDER OF ACQUISITION WILL BE FINANCED BY EXTERNAL DEBT AND EQUITY PARTICIPATION BY MANAGEMENT AND KEY INDIVIDUALS WITHIN PIAB.SAYS CLOSING IS EXPECTED DURING Q2, 2018.  Full Article

Investor says net asset value was 448 SEK/share by end of Q1
Friday, 20 Apr 2018 

April 20 (Reuters) - Investor AB ::Q1 ADJUSTED NET ASSET VALUE*, BASED ON ESTIMATED MARKET VALUES FOR MAJOR WHOLLY-OWNED SUBSIDIARIES AND PARTNER-OWNED INVESTMENTS WITHIN PATRICIA INDUSTRIES, AMOUNTED TO SEK 383,027 M..SAYS REPORTED NET ASSET VALUE1)* AMOUNTED TO SEK 342,575 M. (SEK 448 PER SHARE) ON MARCH 31, 2018.SAYS WITHIN LISTED CORE INVESTMENTS, SHARES IN ERICSSON WERE PURCHASED FOR SEK 1,002 M., STRENGTHENING OUR OWNERSHIP TO 7.2 AND 22.5 PERCENT OF CAPITAL AND VOTES RESPECTIVELY.Q1 WITHIN PATRICIA INDUSTRIES, ORGANIC SALES GROWTH FOR MAJOR WHOLLY-OWNED SUBSIDIARIES AMOUNTED TO 4 PERCENT IN CONSTANT CURRENCY.Q1 MÖLNLYCKE GREW 2 PERCENT ORGANICALLY IN CONSTANT CURRENCY, WITH IMPROVED PROFITABILITY.  Full Article

Investor AB proposes raised dividend
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Investor AB ::SAYS ‍BOARD OF DIRECTORS PROPOSES A DIVIDEND PER SHARE OF SEK 12.00 (11.00), TO BE PAID IN TWO INSTALLMENTS​, SEK 8.00 PER SHARE IN MAY, 2018, AND SEK 4.00 PER SHARE IN NOVEMBER, 2018.SAYS ‍ADJUSTED NET ASSET VALUE*, BASED ON ESTIMATED MARKET VALUES FOR MAJOR WHOLLY-OWNED SUBSIDIARIES AND PARTNER-OWNED INVESTMENTS WITHIN PATRICIA INDUSTRIES, AMOUNTED TO SEK 384,747 M. (SEK 503 PER SHARE) ON DECEMBER 31, 2017​.SAYS ‍REPORTED NET ASSET VALUE1)* AMOUNTED TO SEK 336,262 M. (SEK 440 PER SHARE) ON DECEMBER 31, 2017​.SAYS ‍ALERIS' OVERALL PERFORMANCE REMAINS UNSATISFACTORY. REPORTED VALUE HAS BEEN IMPAIRED BY SEK 1.0 BN., AND ACTIONS TO IMPROVE STABILITY AND PROFITABILITY HAVE BEEN INTENSIFIED.THE INVESTOR SHARE CLOSED AT 393.50 SEK ON MONDAY​.  Full Article

EQT Infrastructure buys Dutch telecom and infrastructure company CAIW
Friday, 17 Nov 2017 

Nov 17 (Reuters) - :EQT infrastructure acquires dutch telecom and infrastructure company CAIW.CAIW employs approximately 210 people and generated sales of EUR 112 million in 2016.  Full Article

Investor AB says adjusted net asset value 497 SEK/share at end of Q3
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Investor AB :Says ‍adjusted net asset value, based on estimated market values for the major wholly-owned subsidiaries and partner-owned investments within Patricia Industries, amounted to SEK 380,140 m (SEK 497 per share) on September 30​.Says ‍reported net asset value amounted to sek 335,581 m. (SEK 439 per share) on september 30, 2017.Q3 net profit 5,373 mln SEK (30,772)​.  Full Article

EQT places 15.6 mln Scandic Hotels shares at SEK 69.50/shr
Thursday, 1 Sep 2016 

EQT : Sunstorm Holding AB, controlled by EQT V Ltd and Accent Equity 2003, in each case through companies, ("Sunstorm"), has sold in total 15.6 million shares in Scandic Hotels Group AB ("Scandic") through an accelerated bookbuilding process to Swedish and international institutional investors at a price of SEK 69.5 per share (the "Placement"). For the original story click here: http://mb.cision.com/Main/87/2069433/556108.pdf Further company coverage: [INVEb.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Investor names Alexander Wennergren Helm as new Aleris CEO
Wednesday, 17 Aug 2016 

Investor AB : CEO change at Aleris . Says board of directors at Aleris has appointed Alexander Wennergren Helm as new CEO .Says Liselott Kilaas, who has been the CEO of Aleris for three years, will continue to work in different capacities for Patricia Industries and Investor AB.  Full Article

Investor AB NAV per share SEK 339 by quarter end
Tuesday, 19 Jul 2016 

Investor AB : Says net asset value per share at quarter end sek 339 . Says within Listed Core Investments, shares in Wärtsilä were purchased for SEK 247 mln .Says within Patricia Industries, the subsidiaries performed well, with overall strong organic growth and improved profitability.  Full Article

EQT acquires Building and Facility business segment from Bilfinger
Thursday, 2 Jun 2016 

Private equity group EQT: EQT VII acquires Building and Facility business segment from Bilfinger . Says purchase price corresponds to an enterprise value of 1.4 billion euro . Says purchase price comprises a cash component and a deferred purchase price component with annual interest upon maturity . As part of the agreement, Bilfinger has secured a share in the future exit proceeds of EQT from Building and Facility through an instrument similar to an earn-out . Building and Facility employs more than 20,000 people. .The annual output volume generated amounts to around EUR 2.5 billion.  Full Article

BRIEF-Investor AB to buy Piab from EQT in 7 bln SEK deal

* PATRICIA INDUSTRIES, A PART OF INVESTOR AB, HAS AGREED TO ACQUIRE THE SWEDISH COMPANY PIAB GROUP AB FROM EQT