Kinnevik announced today that it had sold its subsidiary Rolnyvik (100% held), which operates in the agricultural business in Poland. Since 2001, Rolnyvik was a wholly-owned company by Kinnevik, which we considered as one of the group’s historical activities. The acquirer is a Polish enterprise within the agricultural sector. The amount of the transaction is approximately SEK400m (about €43m) in cash, compared with a fair value of SEK250m in Kinnevik’s accounts and in our NAV

11 Nov 2015
Sale of the Polish agricultural business Rolnyvik

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Sale of the Polish agricultural business Rolnyvik
Kinnevik AB Class B (0RH1:LON) | 0 0 0.0% | Mkt Cap: 94,558m
- Published:
11 Nov 2015 -
Author:
Pierre-Yves Gauthier -
Pages:
2 -
Kinnevik announced today that it had sold its subsidiary Rolnyvik (100% held), which operates in the agricultural business in Poland. Since 2001, Rolnyvik was a wholly-owned company by Kinnevik, which we considered as one of the group’s historical activities. The acquirer is a Polish enterprise within the agricultural sector. The amount of the transaction is approximately SEK400m (about €43m) in cash, compared with a fair value of SEK250m in Kinnevik’s accounts and in our NAV