M&A Activity • Sep 6, 2013
M&A Activity
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Stockholm, September 6, 2013
Following approval by competition authorities, Investor's divestiture of its holding in Gambro to Baxter International Inc., announced on December 4, 2012, has been completed. After net debt adjustments, total net proceeds to Investor will amount to SEK 10.2 bn., of which SEK 1.6 bn. from EQT. Of the total proceeds of SEK 10.2 bn., SEK 1.2 bn. will remain in escrow for 15 months.
Proceeds relating to Investor's direct ownership in Gambro of approximately SEK 7.4 bn. have been received today.
Additional information will be provided in Investor's Interim Report January-September 2013 on October 17.
Stefan Stern, Head of Corporate Relations and Communications, Phone +46 8 614 2058, +46 70 636 7417
Magnus Dalhammar, Head of Investor Relations, Phone +46 8 614 2130, +46 735 24 2130
Our press releases can be accessed at www.investorab.com
Investor is the leading owner of Nordic-based international companies, founded by the Wallenberg family a hundred years ago. We own significant minority or majority interests in high quality companies. Through our participation on the boards of directors, we work for continuous improvement of the performance of the companies. With our industrial experience, network and financial strength we strive to make our companies best-in-class. Our cash flow allows us to support strategic initiatives in our companies, capture investment opportunities and provide our shareholders with a dividend. Our Core Investments include listed holdings Atlas Copco, SEB, ABB, Ericsson and the operating subsidiary Mölnlycke Health Care.
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