Swedish investment firm Kinnevik has sold a 7.2% stake in Scandinavian telco group Tele2 for SEK6.1 billion (USD620 million). Following the transaction, Kinnevik holds 19.8% of Tele2’s issued share capital and 36.1% of voting shares. Tele2 has operations in Sweden and the Baltic states of Lithuania, Latvia and Estonia.
Kinnevik reduces Tele2 stake
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