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Kinnevik is an active and long-term owner investing primarily in digital consumer businesses. Current CEO, Georgi Ganev, was appointed in 2018.<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2017/6/2115469-Georgi-Ganev-appointed-CEO-of-Kinnevik|title=Georgi Ganev appointed CEO of Kinnevik {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref>
Kinnevik is an active and long-term owner investing primarily in digital consumer businesses. Current CEO, Georgi Ganev, was appointed in 2018.<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2017/6/2115469-Georgi-Ganev-appointed-CEO-of-Kinnevik|title=Georgi Ganev appointed CEO of Kinnevik {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref>


Kinnevik holds significant stakes in about 30 companies and invest in Europe, with a focus on the Nordics, the US, and selectively in other markets. Kinnevik currently operates in four sectors; Consumer Services, Financial Services, Healthcare Services and TMT (Technology, Media and Telecommunications). The largest holdings are [[Zalando]], [[Tele2]], [[Millicom]], [[Global Fashion Group]], [[Babylon Health]] and Livongo.<ref name=":0">{{Cite web|url=https://www.kinnevik.com/about-us|title=Kinnevik Website: About Us}}</ref>
Kinnevik holds stakes in over 35 companies and invests across Europe and in the US. Kinnevik has four focus sectors: healthcare (value-based and virtual care), software, marketplaces and climate tech. The largest holding is [[Tele2]].<ref name=":0">{{Cite web|url=https://www.kinnevik.com/about-us|title=Kinnevik Website: About Us}}</ref><ref name="Interim Report Q1 2023">{{cite web |url=https://www.kinnevik.com/globalassets/documents/2.-investors/reports/2023/q1/interim-report-1-january--31-march-2023.pdf |title=Interim Report First Quarter 2023 |website= www.kinnevik.com |access-date=5 May 2023}}</ref>


==History==
==History==
Line 36: Line 36:
The shareholding in [[Sandvik|Sandvik AB]] increased steadily during the late 1970s, while Kinnevik increased its position in Fagersta AB. A major holding in the insurance company Atlantica was acquired in 1978.<ref name=BOOK2 /> Several auto companies were acquired in 1980 and were gathered under the name Svenska Motor AB. This included the import and sales of [[Toyota]] vehicles.<ref name="BOOK1" />
The shareholding in [[Sandvik|Sandvik AB]] increased steadily during the late 1970s, while Kinnevik increased its position in Fagersta AB. A major holding in the insurance company Atlantica was acquired in 1978.<ref name=BOOK2 /> Several auto companies were acquired in 1980 and were gathered under the name Svenska Motor AB. This included the import and sales of [[Toyota]] vehicles.<ref name="BOOK1" />


In the early 1980s, Comvik AB launched a new mobile telephony system and after a number of legal battles with state-owned Televerket, gained a favourable ruling by The Supreme Administrative Court. In 1985, a satellite system for television distribution was completed and during the late 1980s the battle intensified with the state-owned monopolies in telecommunications, television and radio. TV3 sent its premier broadcast from London on New Year's Eve 1987. Comvik obtained authorisation to start a new mobile telephony network in 1989.<ref name=BOOK1 /><ref>{{cite press release | publisher=Comviq.se| title=Comviq: Background | url=https://www.comviq.se/bakgrund }}</ref> Millicom International Cellular was formed the following year.<ref>{{cite press release | publisher=Biztech Africa| date=7 December 2014| title=Millicom International looks to invest in Ivory Coast | url=http://www.biztechafrica.com/article/millicom-international-looks-invest-ivory-coast/9311/}}</ref>
In the early 1980s, Comvik AB launched a new mobile telephony system and, after a number of legal battles with state-owned Televerket, gained a favourable ruling by The Supreme Administrative Court. In 1985, a satellite system for television distribution was completed and during the late 1980s the battle intensified with the state-owned monopolies in telecommunications, television and radio. TV3 sent its premier broadcast from London on New Year's Eve 1987. Comvik obtained authorisation to start a new mobile telephony network in 1989.<ref name=BOOK1 /><ref>{{cite press release | publisher=Comviq.se| title=Comviq: Background | url=https://www.comviq.se/bakgrund }}</ref> [[Millicom|Millicom International Cellular]] was formed the following year.<ref>{{cite press release | publisher=Biztech Africa| date=7 December 2014| title=Millicom International looks to invest in Ivory Coast | url=http://www.biztechafrica.com/article/millicom-international-looks-invest-ivory-coast/9311/}}</ref>


The first Kinnevik-run radio broadcasts began in 1991. During the same year, Kinnevik became the largest owner in newly established TV4 with a 20 percent shareholding. The free newspaper [[Metro International]] was launched in 1995 and the concept later spread rapidly throughout the world.<ref name=BOOK1 />
The first Kinnevik-run radio broadcasts began in 1991. During the same year, Kinnevik became the largest owner in newly established TV4 with a 20 percent shareholding. The free newspaper [[Metro International]] was launched in 1995 and the concept later spread rapidly throughout the world.<ref name=BOOK1 />


Tele2 s was founded in 1993 and listed on the Stockholm stock exchange in 1996.<ref>{{Cite web|url=http://www.tele2.com/sv/Media/pressmeddelanden/2001/netcom-ab-byter-namn-till-tele2-ab/|title=NetCom AB byter namn till Tele2 AB - Tele2|website=www.tele2.com|language=sv-SE|access-date=2017-11-29}}</ref><ref>{{Cite web|url=http://www.tele2.com/investors/the-share/|title=The Share - Tele2|website=Tele2|language=en-US|access-date=2017-11-29}}</ref>
[[Tele2]] was founded in 1993 and listed on the Stockholm stock exchange in 1996.<ref>{{Cite web|url=http://www.tele2.com/sv/Media/pressmeddelanden/2001/netcom-ab-byter-namn-till-tele2-ab/|title=NetCom AB byter namn till Tele2 AB - Tele2|website=www.tele2.com|language=sv-SE|access-date=2017-11-29}}</ref><ref>{{Cite web|url=http://www.tele2.com/investors/the-share/|title=The Share - Tele2|website=Tele2|language=en-US|access-date=2017-11-29}}</ref>


In 1995, [[Modern Times Group|MTG]] was incorporated as a subsidiary of Kinnevik, having previously been a business area (Kinnevik TV & Media). MTG was spun-off to shareholders in 1997 and listed in Stockholm and New York.
In 1995, [[Modern Times Group|MTG]] was incorporated as a subsidiary of Kinnevik, having previously been a business area (Kinnevik TV & Media). MTG was spun-off to shareholders in 1997 and listed in Stockholm and New York.
Line 49: Line 49:


In 2013, Kinnevik sold all its remaining shares in BillerudKorsnäs.<ref>{{Cite news|url=https://www.svd.se/kinnevik-saljer-billerud-korsnas|title=Kinnevik säljer Billerud Korsnäs|last=nliv@svd.se|first=SvD Näringsliv {{!}}|work=SvD.se|access-date=2017-11-29|language=sv}}</ref> Zalando and Rocket Internet, two Kinnevik-backed companies, made their Initial Public Offerings (IPOs) on the Frankfurt Stock Exchange in 2014.<ref>{{Cite web|url=https://www.kinnevik.com/media/press-releases/2014/9/1859482-Kinnevik-Final-price-in-Zalandos-IPO|title=Kinnevik {{!}} Kinnevik: Final price in Zalando's IPO|website=www.kinnevik.com|language=en|access-date=2017-11-29}}</ref> In October 2015, Avito was sold to the South African media conglomerate Naspers.<ref>{{Cite web|url=https://www.kinnevik.com/media/press-releases/2015/10/1961005-Kinnevik-sells-its-entire-interest-in-Avito-for-a-cash-consideration-of-USD-846-million|title=Kinnevik {{!}} Kinnevik sells its entire interest in Avito for a cash consideration of USD 846 million|website=www.kinnevik.com|language=en|access-date=2017-11-29}}</ref> In 2017, Kinnevik sold its remaining shareholding in Rocket Internet.<ref>{{Cite web|url=https://www.kinnevik.com/media/press-releases/2017/6/2111606-Kinnevik-Results-of-the-accelerated-bookbuild-of-shares-in-Rocket-Internet-SE|title=Kinnevik {{!}} Kinnevik: Results of the accelerated bookbuild of shares in Rocket Internet SE|website=www.kinnevik.com|language=en|access-date=2017-11-29}}</ref>
In 2013, Kinnevik sold all its remaining shares in BillerudKorsnäs.<ref>{{Cite news|url=https://www.svd.se/kinnevik-saljer-billerud-korsnas|title=Kinnevik säljer Billerud Korsnäs|last=nliv@svd.se|first=SvD Näringsliv {{!}}|work=SvD.se|access-date=2017-11-29|language=sv}}</ref> Zalando and Rocket Internet, two Kinnevik-backed companies, made their Initial Public Offerings (IPOs) on the Frankfurt Stock Exchange in 2014.<ref>{{Cite web|url=https://www.kinnevik.com/media/press-releases/2014/9/1859482-Kinnevik-Final-price-in-Zalandos-IPO|title=Kinnevik {{!}} Kinnevik: Final price in Zalando's IPO|website=www.kinnevik.com|language=en|access-date=2017-11-29}}</ref> In October 2015, Avito was sold to the South African media conglomerate Naspers.<ref>{{Cite web|url=https://www.kinnevik.com/media/press-releases/2015/10/1961005-Kinnevik-sells-its-entire-interest-in-Avito-for-a-cash-consideration-of-USD-846-million|title=Kinnevik {{!}} Kinnevik sells its entire interest in Avito for a cash consideration of USD 846 million|website=www.kinnevik.com|language=en|access-date=2017-11-29}}</ref> In 2017, Kinnevik sold its remaining shareholding in Rocket Internet.<ref>{{Cite web|url=https://www.kinnevik.com/media/press-releases/2017/6/2111606-Kinnevik-Results-of-the-accelerated-bookbuild-of-shares-in-Rocket-Internet-SE|title=Kinnevik {{!}} Kinnevik: Results of the accelerated bookbuild of shares in Rocket Internet SE|website=www.kinnevik.com|language=en|access-date=2017-11-29}}</ref>

In 2019 Kinnevik distributed its remaining shareholding in Millicom to its shareholders.

In 2021 Kinnevik distributed its Zalando shareholding to shareholders to balance a larger share of its portfolio towards its "younger, disruptive and technology-enabled" growth and venture capital businesses.<ref>{{Cite web|url=https://www.kinnevik.com/newsroom/press-releases/2021/2/2459858-Kinnevik-intends-to-propose-a-distribution-of-its-Zalando-shareholding-to-its-shareholders-accelerating-Kinneviks-strategic-transformation|title=Kinnevik {{!}} Kinnevik intends to propose a distribution of its Zalando shareholding to its shareholders, accelerating Kinnevik’s strategic transformation |website=www.kinnevik.com|language=en|access-date=2023-05-05}}</ref>

In 2023, Kinnevik exited its remaining shareholding in Teladoc.<ref>{{Cite web|url=https://www.kinnevik.com/investors/financial-reports/highlights-q1-2023|title=Kinnevik {{!}} First Quarter 2023 Highlights |website=www.kinnevik.com|language=en|access-date=2023-05-05}}</ref>


== Kinnevik today ==
== Kinnevik today ==
[[:sv:Georgi Ganev|Georgi Ganev]] was appointed CEO of Kinnevik in January 2018.<ref>{{Cite web|url=https://www.kinnevik.com/media/press-releases/2017/6/2115469-Georgi-Ganev-appointed-CEO-of-Kinnevik|title=Kinnevik - We build digital brands {{!}} Georgi Ganev appointed CEO of Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-01-02}}</ref> [[Amelia Fawcett|Dame Amelia Fawcett]] was appointed Chairman of Kinnevik at the Annual General Meeting 2018.<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2017/12/2154898-Dame-Amelia-Fawcett-proposed-to-be-elected-Chairman-of-Kinnevik|title=Pressrelease: Dame Amelia Fawcett proposed to be elected Chairman of Kinnevik|date=2017-12-08|website=www.kinnevik.com}}</ref>
[[:sv:Georgi Ganev|Georgi Ganev]] was appointed CEO of Kinnevik in January 2018.<ref>{{Cite web|url=https://www.kinnevik.com/media/press-releases/2017/6/2115469-Georgi-Ganev-appointed-CEO-of-Kinnevik|title=Kinnevik - We build digital brands {{!}} Georgi Ganev appointed CEO of Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-01-02}}</ref> [[Amelia Fawcett|Dame Amelia Fawcett]] was appointed Chairman of Kinnevik at the Annual General Meeting 2018.<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2017/12/2154898-Dame-Amelia-Fawcett-proposed-to-be-elected-Chairman-of-Kinnevik|title=Pressrelease: Dame Amelia Fawcett proposed to be elected Chairman of Kinnevik|date=2017-12-08|website=www.kinnevik.com}}</ref>


In 2018 Kinnevik expressed its support for the merger between Tele2 and Com Hem,<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2018/1/2160470-Kinnevik-supports-the-proposed-merger-between-Tele2-and-Com-Hem-and-will-become-the-largest-owner-in-the-combined-company|title=Kinnevik supports the proposed merger between Tele2 and Com Hem and will become the largest owner in the combined company {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref> later the same year Kinnevik also distributed its shares in MTG to its shareholders.<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2018/6/2199184-Kinneviks-Board-of-Directors-proposes-to-distribute-Kinneviks-shares-in-MTG-to-its-shareholders|title=Kinnevik's Board of Directors proposes to distribute Kinnevik's shares in MTG to its shareholders {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref> In 2018 Kinnevik also increased its investment in Livongo<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2018/4/2183454-Kinnevik-invests-USD-41-million-in-Livongo-and-increases-ownership|title=Kinnevik invests USD 41 million in Livongo and increases ownership {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref> and invested in Kolonial.no,<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2018/8/2210839-Kinnevik-invests-in-Kolonialno---the-leading-online-grocery-store-in-Norway|title=Kinnevik invests in Kolonial.no - the leading online grocery store in Norway {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref> Karma,<ref name="Our Investments {{!}} Kinnevik">{{Cite web|url=https://www.kinnevik.com/our-investments|title=Our Investments {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref> BudBee,<ref name="Our Investments {{!}} Kinnevik"/> [[Pleo Technologies|Pleo]],<ref name="Our Investments {{!}} Kinnevik"/> Deposit Solutions,<ref name="Our Investments {{!}} Kinnevik"/> Cedar<ref name="Our Investments {{!}} Kinnevik"/> and [[Monese]].<ref name="Our Investments {{!}} Kinnevik"/>
In 2018 Kinnevik expressed its support for the merger between Tele2 and Com Hem,<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2018/1/2160470-Kinnevik-supports-the-proposed-merger-between-Tele2-and-Com-Hem-and-will-become-the-largest-owner-in-the-combined-company|title=Kinnevik supports the proposed merger between Tele2 and Com Hem and will become the largest owner in the combined company {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref> later the same year Kinnevik also distributed its shares in MTG to its shareholders.<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2018/6/2199184-Kinneviks-Board-of-Directors-proposes-to-distribute-Kinneviks-shares-in-MTG-to-its-shareholders|title=Kinnevik's Board of Directors proposes to distribute Kinnevik's shares in MTG to its shareholders {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref> In 2018 Kinnevik also increased its investment in [[Teladoc Health|Livongo]]<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2018/4/2183454-Kinnevik-invests-USD-41-million-in-Livongo-and-increases-ownership|title=Kinnevik invests USD 41 million in Livongo and increases ownership {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref> and invested in Kolonial.no,<ref>{{Cite web|url=https://www.kinnevik.com/media--contact/press-releases/2018/8/2210839-Kinnevik-invests-in-Kolonialno---the-leading-online-grocery-store-in-Norway|title=Kinnevik invests in Kolonial.no - the leading online grocery store in Norway {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref> Karma,<ref name="Our Investments {{!}} Kinnevik">{{Cite web|url=https://www.kinnevik.com/our-investments|title=Our Investments {{!}} Kinnevik|website=www.kinnevik.com|language=en|access-date=2018-09-07}}</ref> BudBee,<ref name="Our Investments {{!}} Kinnevik"/> [[Pleo Technologies|Pleo]],<ref name="Our Investments {{!}} Kinnevik"/> Deposit Solutions,<ref name="Our Investments {{!}} Kinnevik"/> Cedar<ref name="Our Investments {{!}} Kinnevik"/> and [[Monese]].<ref name="Our Investments {{!}} Kinnevik"/>


==Significant holdings==
==Significant holdings==

Revision as of 23:45, 4 May 2023

Kinnevik AB
Company typeAktiebolag
Nasdaq Stockholm: KINV B
ISIN
IndustryInvestment
Founded1936; 88 years ago (1936)
FoundersHugo Stenbeck
Wilhelm Klingspor
Robert Von Horn
HeadquartersStockholm, Sweden
Key people
Dame Amelia Fawcett
(Chairman)
Georgi Ganev (CEO)
Joakim Andersson
CFO)
SubsidiariesZalando, Tele2, Monese, Millicom, Global Fashion Group, Babylon Health, Mathem, Budbee and others.[3]
Websitewww.kinnevik.com

Kinnevik AB (Swedish pronunciation: [ˈɕɪ̂nːɛˌviːk]) is a Swedish investment company that was founded in 1936 by the Stenbeck, Klingspor and von Horn families.[4]

Kinnevik is an active and long-term owner investing primarily in digital consumer businesses. Current CEO, Georgi Ganev, was appointed in 2018.[5]

Kinnevik holds stakes in over 35 companies and invests across Europe and in the US. Kinnevik has four focus sectors: healthcare (value-based and virtual care), software, marketplaces and climate tech. The largest holding is Tele2.[6][7]

History

Kinnevik was founded as an investment company in 1936 by Robert von Horn, Wilhelm Klingspor and Hugo Stenbeck. The most important holdings when the company started were Mellersta Sveriges Lantbruks AB, Lidköpings Konfektyr Industri AB and Korsnäs Sågverks AB. The company grew quickly through share purchases and acquisitions of companies that included chocolate manufacturers Nordiska Suchard and Halmstads Järnverk.[8]

The company's aggressive acquisition strategy of Swedish industrial companies continued during Kinnevik's first decades. The ownership structure of the investment company changed as Hugo Stenbeck gradually increased his holdings.[9]

Kinnevik became a listed company and obtained additional capital in a new share issue in 1954. The first shares in Sandvikens Järnverk were purchased a few years after entering the stock market.[citation needed]

Hugo Stenbeck replaced Wilhelm Klingspor as chairman of Kinnevik in the early 1960s. Shortly thereafter, Hugo Stenbeck's oldest son, Hugo Stenbeck Jr, became managing director of the company.[10]

Hugo Stenbeck Jr died in 1976 and his younger brother, Jan Hugo Stenbeck, joined Kinnevik's management team. Hugo Stenbeck Sr died in 1977.[9]

The shareholding in Sandvik AB increased steadily during the late 1970s, while Kinnevik increased its position in Fagersta AB. A major holding in the insurance company Atlantica was acquired in 1978.[10] Several auto companies were acquired in 1980 and were gathered under the name Svenska Motor AB. This included the import and sales of Toyota vehicles.[9]

In the early 1980s, Comvik AB launched a new mobile telephony system and, after a number of legal battles with state-owned Televerket, gained a favourable ruling by The Supreme Administrative Court. In 1985, a satellite system for television distribution was completed and during the late 1980s the battle intensified with the state-owned monopolies in telecommunications, television and radio. TV3 sent its premier broadcast from London on New Year's Eve 1987. Comvik obtained authorisation to start a new mobile telephony network in 1989.[9][11] Millicom International Cellular was formed the following year.[12]

The first Kinnevik-run radio broadcasts began in 1991. During the same year, Kinnevik became the largest owner in newly established TV4 with a 20 percent shareholding. The free newspaper Metro International was launched in 1995 and the concept later spread rapidly throughout the world.[9]

Tele2 was founded in 1993 and listed on the Stockholm stock exchange in 1996.[13][14]

In 1995, MTG was incorporated as a subsidiary of Kinnevik, having previously been a business area (Kinnevik TV & Media). MTG was spun-off to shareholders in 1997 and listed in Stockholm and New York.

Jan Hugo Stenbeck died on 19 August 2002 and was replaced by Edvard von Horn as chairman. Pehr G. Gyllenhammar became chairman in 2004 and was replaced three years later by Cristina Stenbeck.[15] In March 2016, Cristina Stenbeck announced her intention to step down as Chairman of Kinnevik and was replaced at the 2016 AGM by Tom Boardman. Cristina Stenbeck remains a board director of Kinnevik.[16]

Between 2005 and 2010, there was a major shift in the shareholdings in which ownership in Millicom increased and forestry shares decreased. At this time, the foundation was laid for investments in a number of internet businesses, particularly e-commerce companies. This profile was strengthened after 2010 with major investments in Rocket Internet, Zalando, Avito and Global Fashion Group, among others.[17]

In 2013, Kinnevik sold all its remaining shares in BillerudKorsnäs.[18] Zalando and Rocket Internet, two Kinnevik-backed companies, made their Initial Public Offerings (IPOs) on the Frankfurt Stock Exchange in 2014.[19] In October 2015, Avito was sold to the South African media conglomerate Naspers.[20] In 2017, Kinnevik sold its remaining shareholding in Rocket Internet.[21]

In 2019 Kinnevik distributed its remaining shareholding in Millicom to its shareholders.

In 2021 Kinnevik distributed its Zalando shareholding to shareholders to balance a larger share of its portfolio towards its "younger, disruptive and technology-enabled" growth and venture capital businesses.[22]

In 2023, Kinnevik exited its remaining shareholding in Teladoc.[23]

Kinnevik today

Georgi Ganev was appointed CEO of Kinnevik in January 2018.[24] Dame Amelia Fawcett was appointed Chairman of Kinnevik at the Annual General Meeting 2018.[25]

In 2018 Kinnevik expressed its support for the merger between Tele2 and Com Hem,[26] later the same year Kinnevik also distributed its shares in MTG to its shareholders.[27] In 2018 Kinnevik also increased its investment in Livongo[28] and invested in Kolonial.no,[29] Karma,[30] BudBee,[30] Pleo,[30] Deposit Solutions,[30] Cedar[30] and Monese.[30]

Significant holdings

Per 30 September 2019, Kinnevik's Net Asset Value amounted to SEK 92.0 billion. The largest holdings are (value corresponds to Kinnevik's ownership in SEK billions):[31]

Company Value in billions (SEK)
Zalando 29
Tele2 28
Millicom 18
Babylon 3
Livongo 2
Global Fashion Group 2

Shareholders

Per 30 September 2019, by votes.[32]

Company Percent of capital Percent of votes
Verdere S.À.R.L. 4.2 19.3
AMS Sapere Aude Trust 2.6 11.7
CMS Sapere Aude Trust 1.4 6.7
Baillie Gifford 7.5 3.6
AMF 4.9 2.8
Swedbank Robur 4.2 2.1
Klingspor family 3.4 12.5
Alecta 3.1 1.5

References

  1. ^ http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE998[bare URL]
  2. ^ http://www.nasdaqomxnordic.com/shares/microsite?Instrument=SSE999[bare URL]
  3. ^ "Our Investments | Kinnevik".
  4. ^ "E Hugo Stenbeck" (Press release). Riksarkivet.
  5. ^ "Georgi Ganev appointed CEO of Kinnevik | Kinnevik". www.kinnevik.com. Retrieved 2018-09-07.
  6. ^ "Kinnevik Website: About Us".
  7. ^ "Interim Report First Quarter 2023" (PDF). www.kinnevik.com. Retrieved 5 May 2023.
  8. ^ "Entreprenör" (Press release). Z Story. 1 March 2013.
  9. ^ a b c d e Carlsson, Bengt (2011). Tre familjer – En historia. Brombergs Bokförlag AB.
  10. ^ a b Andersson, Per (2012). Stenbeck - En biografi över en framgångsrik affärsman. Modernista Group AB.
  11. ^ "Comviq: Background" (Press release). Comviq.se.
  12. ^ "Millicom International looks to invest in Ivory Coast" (Press release). Biztech Africa. 7 December 2014.
  13. ^ "NetCom AB byter namn till Tele2 AB - Tele2". www.tele2.com (in Swedish). Retrieved 2017-11-29.
  14. ^ "The Share - Tele2". Tele2. Retrieved 2017-11-29.
  15. ^ "Netcom byter namn till Tele2" (Press release). Affarsvarlden. 19 January 2001.
  16. ^ "Kinnevik | Kinnevik: Nomination Committee Proposal for Board of Directors and Chairman Succession". www.kinnevik.com. Retrieved 2017-11-29.
  17. ^ "Djärvare än Jan" (Press release). Fokus. 24 January 2014.
  18. ^ nliv@svd.se, SvD Näringsliv |. "Kinnevik säljer Billerud Korsnäs". SvD.se (in Swedish). Retrieved 2017-11-29.
  19. ^ "Kinnevik | Kinnevik: Final price in Zalando's IPO". www.kinnevik.com. Retrieved 2017-11-29.
  20. ^ "Kinnevik | Kinnevik sells its entire interest in Avito for a cash consideration of USD 846 million". www.kinnevik.com. Retrieved 2017-11-29.
  21. ^ "Kinnevik | Kinnevik: Results of the accelerated bookbuild of shares in Rocket Internet SE". www.kinnevik.com. Retrieved 2017-11-29.
  22. ^ "Kinnevik | Kinnevik intends to propose a distribution of its Zalando shareholding to its shareholders, accelerating Kinnevik's strategic transformation". www.kinnevik.com. Retrieved 2023-05-05.
  23. ^ "Kinnevik | First Quarter 2023 Highlights". www.kinnevik.com. Retrieved 2023-05-05.
  24. ^ "Kinnevik - We build digital brands | Georgi Ganev appointed CEO of Kinnevik". www.kinnevik.com. Retrieved 2018-01-02.
  25. ^ "Pressrelease: Dame Amelia Fawcett proposed to be elected Chairman of Kinnevik". www.kinnevik.com. 2017-12-08.
  26. ^ "Kinnevik supports the proposed merger between Tele2 and Com Hem and will become the largest owner in the combined company | Kinnevik". www.kinnevik.com. Retrieved 2018-09-07.
  27. ^ "Kinnevik's Board of Directors proposes to distribute Kinnevik's shares in MTG to its shareholders | Kinnevik". www.kinnevik.com. Retrieved 2018-09-07.
  28. ^ "Kinnevik invests USD 41 million in Livongo and increases ownership | Kinnevik". www.kinnevik.com. Retrieved 2018-09-07.
  29. ^ "Kinnevik invests in Kolonial.no - the leading online grocery store in Norway | Kinnevik". www.kinnevik.com. Retrieved 2018-09-07.
  30. ^ a b c d e f "Our Investments | Kinnevik". www.kinnevik.com. Retrieved 2018-09-07.
  31. ^ "Net Asset Value | Kinnevik". www.kinnevik.com. Retrieved 2019-11-06.
  32. ^ "Ownership Structure | Kinnevik". www.kinnevik.com. Retrieved 2019-11-06.
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