Exit from Proxima completed
(Thomson Reuters ONE) -
CapMan Plc Stock Exchange Release 21 June 2011 2.15. p.m. EET
Exit from Proxima completed
The exit by various CapMan-managed funds from Proxima Intressenter AB announced
on 4 May this year has now been completed. The exit will have an approx. ?4.5
million impact on CapMan's result for 2011 as a result of income related to
CapMan's own fund investments and an approx. ?7.8 million impact on the CapMan
Plc Group's cash flow in 2011.
The impact of the transaction on CapMan's result and cash flow has been reduced
since its announcement as a result of the weakening of the Swedish crown.
Proxima is a private healthcare company providing a range of services including
primary care, diagnostics, specialist care, occupational care, and
rehabilitation. The CapMan Buyout VIII, CapMan Life Science IV, and CapMan
Mezzanine IV funds have sold their holdings to the private healthcare service
provider, Aleris. The three funds made their initial investment in Proxima in
2007 and the investment has proved very good for investors in CapMan's funds.
Further information:
Niko Haavisto, CFO, tel. +358 207 207 583
CAPMAN PLC
Mari Reponen
Communications Director
DISTRIBUTION
NASDAQ OMX Helsinki
Principal media
www.capman.com
CapMan
CapMan is one of the leading private equity firms in the Nordic countries and
Russia, with assets under management of ?3.4 billion. CapMan has four key
investment partnerships - CapMan Buyout, CapMan Russia, CapMan Public Market,
and CapMan Real Estate - each of which has its own dedicated investment team and
funds. Altogether, CapMan employs approx. 140 people in Helsinki, Stockholm,
Oslo, Moscow and Luxembourg. CapMan was established in 1989 and has been listed
on the Helsinki Stock Exchange since 2001. www.capman.com
Proxima
Proxima is a private healthcare provider of primary care, diagnostics,
specialist care, rehabilitation and occupational health care. Operations are
concentrated to the Stockholm area, but the company is also active in the
Uppsala, Östergötland and Skåne regions.
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: CapMan Oyj via Thomson Reuters ONE
[HUG#1524892]
Unternehmensinformation / Kurzprofil:
Datum: 21.06.2011 - 13:16 Uhr
Sprache: Deutsch
News-ID 55726
Anzahl Zeichen: 2927
contact information:
Town:
Helsinki
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 186 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Exit from Proxima completed"
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CapMan Oyj (Nachricht senden)
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