Stenbeck sells to Kinnevik | THE BUSINESS WORLD



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The main owner of the investment company Cristina Stenbeck sells shares.

Further Sarl, a Luxembourg company controlled by Cristina Stenbeck, sold 663,000 B shares in the Kinnevik investment company on July 24th and 25th.

The list of the Financial Supervisory Authority shows that sales are recorded at Cristina Stenbeck and confirmed by the press agency Directly by Mikael Holmberg, CEO of Verdere.

Sales were made at about 300 SEK and contributed about 200 million crowns. The capital will reduce the loan to Verdere, "says Mikael Holmberg Direct.

"The sale is made for Verdere to be free from any debt, so repay external loans. The board believes that it is better that Verdere be debt free. Mikael Holmberg answers the question of why the owner company sold shares.

He confirms that Verdere is completely debt free after the current transaction. No other sales are planned. Mikael Holmberg can not say by hand when Verder recently sold shares in Kinnevik, but points out that this has happened in the past.

In addition, about 12 million shares A and 7.3 million shares B in Kinnevik in late June. according to the compilation of Holdings. Cristina Stenbeck controls more than 70% of Verdere, the rest being owned by a US trust whose former brother Max Stenbeck of Cristina Stenbeck was already a beneficiary

The Stenbeck family owns Kinnevik shares even through the company Camshaft

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