Kinnevik's internet asset worth is up 11% from the earlier quarter

© Reuters.

STOCKHOLM (Reuters) – Swedish firm Kinnevik, one of Europe's largest publicly traded securities firms, reported an 11% increase in net asset value on Monday, compared to the previous quarter, largely due to re-evaluations of its investments in Babylon, Pleo and Budbee.

The net asset value rose compared to the previous quarter by 12.6 billion crowns to 76.2 billion.

Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price, meaning that prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may suffer from using this data.

Fusion Media or any other person involved in Fusion Media assumes no liability for any loss or damage that might arise from reliance on the information contained on this website, including data, prices, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment.

Related Articles