Kinnevik AB (KINVb.ST)
17 Jan 2018
* KINNEVIK SUPPORTS THE PROPOSED MERGER BETWEEN TELE2 AND COM HEM AND WILL BECOME THE LARGEST OWNER IN THE COMBINED COMPANY
* REG-DAME AMELIA FAWCETT PROPOSED TO BE ELECTED CHAIRMAN OF KINNEVIK
BERLIN, Nov 30 German ecommerce investor Rocket Internet pushed back its goal of turning a profit at some of its leading start-ups, as its chief executive faced calls on Thursday to return more cash to shareholders or even go private.
BERLIN German ecommerce investor Rocket Internet pushed into 2018 a target to turn a profit at some of its leading start-ups as it reported a 28 percent jump in nine-month revenue on Thursday.
Nov 28 Global Fashion Group, the emerging markets fashion retailer set up by investors Kinnevik and Rocket Internet, reported its third-quarter operating losses narrowed somewhat while net revenue jumped by 19 percent.
* SAYS GLOBAL FASHION GROUP NET REVENUE FOR Q3 WAS EUR 256.4 MILLION (215.6)
* Kinnevik says Q3 net asset value of 85.7 billion Swedish crowns ($10.45 billion) (311 SEK per share)
* Rocket Internet shares jump 5.8 pct (Adds comments from Rocket Internet CEO)
Sept 8 Global Fashion Group, the emerging markets fashion retailer set up by investors Kinnevik and Rocket Internet, reported its second-quarter operating losses nearly halved as net revenue jumped by 25.6 percent.
Aug 14 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: