Kinnevik terminates discussions with potential bidder in Metro
Investment AB Kinnevik (publ) ("Kinnevik") today announced that it
has terminated all discussions regarding a potential bid for Metro
International S.A.
Kinnevik has since February been in discussions with a potential
bidder for the company and it hereby announces that all discussions
have been terminated as a public bid for Metro is not considered
likely.
For further information, visit www.kinnevik.se or contact:
Mia Brunell Livfors, President and Chief +46 (0)8 562 000 00
Executive Officer
Torun Litzén, Director Investor Relations +46 (0)8 562 000 83
+46 (0)70 762 00 83
Investment AB Kinnevik's objective is to increase shareholder value,
primarily through net asset value growth. Kinnevik manages a
portfolio of investments focused around three comprehensive business
areas; Major Unlisted Holdings which includes the cartonboard and
paper company Korsnäs including shares in Bergvik Skog, Major Listed
Holdings which includes Millicom International Cellular, Tele2,
Modern Times Group MTG, Metro International and Transcom WorldWide,
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.
The 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.
