Investment AB Kinnevik publ. ("Kinnevik") today announced that it has
financed the African micro finance company Bayport with USD 14
million. The financing is provided as a blend of debt and equity.
For further information, visit www.kinnevik.se or contact:
Mia Brunell, President and Chief Executive Officer +46 (0)
8 562 000 00
Henrik Persson, Head of New Investments +46 (0)
8 562 000 87
Torun Litzén, Director Investor relations
+46 (0) 8 562 000 83, +46 70 762 00 83
Investment AB Kinnevik's objective is to increase shareholder value,
primarily through net asset value growth. The Parent Company manages
a portfolio of investments focused around three comprehensive
business areas; Major Listed Holdings which includes Millicom
International Cellular, Tele2, Modern Times Group MTG, Metro
International and Transcom
WorldWide, Major Unlisted Holdings which includes the cartonboard and
paper company Korsnäs, and New Ventures which is active in finding
new investments in small and mid sized companies which has a
significant growth potential. Kinnevik plays an active role on the
Boards of its holdings.
Investment AB Kinnevik's class A and class B shares are listed on the
Stockholm Stock Exchange's Nordic list for large-cap companies within
the financial and real estate sector. The ticker codes are KINV A and
KINV B.