THE COMBINATION BETWEEN KORSNÄS AND BILLERUD HAS NOW BEEN CLOSED AND BILLERUDKORSNÄS HAS BEEN FORMED
(Thomson Reuters ONE) -
The combination between Korsnäs and Billerud AB has been closed in accordance
with the agreement between Investment AB Kinnevik and Billerud AB signed on 19
June 2012.
In connection with the closing, the employee representatives Bo Myrberg, Tobias
Söderholm, Magnus Borg (deputy) and Geron Forsman (deputy), nominated by the
local labor unions in Korsnäs, have seceded from the board of Investment AB
Kinnevik.
Kinnevik discloses the information provided herein pursuant to the Securities
Market Act (Sw. lagen om värdepappersmarknaden (2007:528)). The information was
submitted for publication on 29 November, 2012 at 15.00 (CET).
For further information, visit www.kinnevik.se or contact:
Torun Litzén, Director, Investor Relations Phone +46 (0)8 562 000 83
Mobile +46 (0)70 762 00 83
Kinnevik was founded in 1936 and thus embodies seventy-five years of
entrepreneurship under the same group of principal owners. Kinnevik's objective
is to increase shareholder value, primarily through net asset value growth. The
company's holdings of growth companies are focused around seven comprehensive
business sectors; Telecom & Services, Online, Media, Micro financing, Paper &
Packaging, Agriculture and Renewable energy. Kinnevik has a long history of
investing in emerging markets which has resulted in a considerable exposure to
consumer sectors in these markets. Kinnevik plays an active role on the Boards
of its holdings.
Kinnevik's class A and class B shares are listed on the NASDAQ OMX Stockholm's
list for large cap companies, within the financial and real estate sector. The
ticker codes are KINV A and KINV B.
Press release:
http://hugin.info/1114/R/1661468/538257.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Kinnevik via Thomson Reuters ONE
[HUG#1661468]
Unternehmensinformation / Kurzprofil:
Datum: 29.11.2012 - 15:01 Uhr
Sprache: Deutsch
News-ID 208165
Anzahl Zeichen: 2600
contact information:
Town:
STOCKHOLM
Kategorie:
Business News
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