Atle Completes Divestment of Digital Vision Holdings; Exit Gains: SEK 11 M.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Jan. 16, 2001 Atle IT has sold 1,040,670 Digital Vision shares, corresponding to approximately 19.5% of the capital and votes of this corporation, to a company owned by Lars Taflin. This divestment divestment to strip one's investment from an entity. , representing all of Atle's residual holdings in Digital Vision, generated an exit gain of some SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 11 m. Atle now considers that it has fulfilled ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. its ownership role in Digital Vision and views Mr. Taflin- former main owner of Autodiagnos, previously quoted on the Stockholm SBI SBI Special Background Investigation SBI Subsidiary Body for Implementation SBI State Bank of India SBI Secure Border Initiative SBI Small Business Institute SBI Stockholm Brain Institute SBI Serious Bacterial Infection SBI Society of Breast Imaging list- as an appropriate owner, both in industrial terms, and for the long term. This divestment is consistent with Atle's business concept of exiting holdings after fulfilling its tasks. Digital Vision is a world leader in high-tech digital image processing Digital image processing is the use of computer algorithms to perform image processing on digital images. Digital image processing has the same advantages over analog image processing as digital signal processing has over analog signal processing — it allows a much wider equipment for film, video and telecommunication. Atle AB (publ) Atle- key facts Atle is a growth company that intends to be 2-3 times its current size in 5 years' time. Atle is a private equity player, investing in unlisted companies, participating actively in their development, and after a few years, finding them a suitable new home, thereby realising value growth. Since 1993, the Atle group's earnings have risen progressively, from SEK 373 m to SEK 1,025 m in 1999. Atle maintains a brisk Brisk as a proper name may refer to:
Atle is quoted on the Stockholm Stock Exchange's A List and has approximately 17,000 shareholders. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/01/16/20010116BIT00190/bit0001.doc http://www.bit.se/bitonline/2001/01/16/20010116BIT00190/bit0002.pdf |
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