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Kinnevik AB (KINVb.ST)

KINVb.ST on Stockholm Stock Exchange

323.40SEK
18 May 2018
Change (% chg)

1.50kr (+0.47%)
Prev Close
321.90kr
Open
322.50kr
Day's High
326.40kr
Day's Low
321.50kr
Volume
648,273
Avg. Vol
720,637
52-wk High
326.40kr
52-wk Low
234.60kr

Latest Key Developments (Source: Significant Developments)

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

Kinnevik: Global Fashion Group Q3 operating loss roughly unchanged
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Kinnevik ::SAYS GLOBAL FASHION GROUP NET REVENUE FOR Q3 WAS EUR 256.4 MILLION (215.6).SAYS GLOBAL FASHION GROUP ADJUSTED EBITDA FOR THE QUARTER WAS EURO (32.6) MLN, WITH MARGIN IMPROVING BY 2.8 PERCENTAGE POINTS TO (12.7)% OF NET REVENUE.ADJUSTED EBITDA IN Q3 2016 WAS EUR (33.3) MLN .  Full Article

Kinnevik Q3 ‍net asset value 85.7 billion SEK, up 5 pct
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Kinnevik AB :Kinnevik says Q3 net asset value of 85.7 billion Swedish crowns ($10.45 billion) (311 SEK per share).NAV increased by 5 percent.Says increase driven mainly by value increases in Zalando and Millicom.On 25 October, Kinnevik's NAV had increased by SEK 1.3bn to SEK 87.0bn, or SEK 316 per share.​.  Full Article

BRIEF-GFG-Emaar to develop Namshi until GFG listing or takeover
Wednesday, 24 May 2017 

May 24 (Reuters) - Emaar :Global fashion group CFO (not CEO) says Emaar agrees to jointly develop Namshi until possible GFG listing or full takeover.  Full Article

BRIEF-GFG-Emaar to develop Namshi until GFG listing or takeover
Wednesday, 24 May 2017 

Fixes spelling of Emaar:Global Fashion Group CEO says Emaar agrees to jointly develop Namshi until possible GFG listing or full takeover.  Full Article

GFG-Emar to develop Namshi until GFG listing or takeover
Wednesday, 24 May 2017 

May 24 (Reuters) - Emaar Malls :Global Fashion Group CEO says Emar agrees to jointly develop Namshi until possible GFG listing or full takeover.  Full Article

Kinnevik sells Metro Sweden for SEK 50 mln
Wednesday, 15 Feb 2017 

Kinnevik : Says has divested Metro Sweden to AB Custos for a total consideration of SEK 50 million .Says "The sale of Metro Sweden is in line with Kinnevik's strategy to focus our portfolio on our larger digital consumer brands.".  Full Article

Kinnevik proposes raised dividend
Friday, 10 Feb 2017 

Kinnevik : Says Kinnevik's board of directors recommends an ordinary dividend of SEK 8.00 per share for 2016, an increase of 3.2% from last year's ordinary dividend (SEK 7.75 per share) .Says net asset value SEK 263 per share at quarter end.  Full Article

UPDATE 1-German online furniture retailer Home24 plans IPO

* Follows HelloFresh and Delivery Hero IPOs last year (Adds detail, changes dateline)