Kinnevik reduces Tele2 stake

25 May 2022

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.

Sweden, Tele2