Ratos Sells Its Holding in Telelogic.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Nov. 19, 2001 Today, Ratos AB sold the major part of its holding Telelogic or 15,221,556 shares which correspond to 8.2 % of the capital in Telelogic. The divestment divestment to strip one's investment from an entity. gives Ratos an exit gain of 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. 84m. "Now when we step back from our ownership role in Telelogic after almost four years, we can note that we have been involved in a strong growth phase in an exciting company of the future. Our investment has also provided a good return," says CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Arne Karlsson Arne Ernst Karlsson (born March 23, 1936) is a Swedish sailor who competed in the 1964 Summer Olympics. In 1964 he won the silver medal as crew member of the Swedish boat Rush VII in the 5.5 metre class event. External links
The average annual return on Ratos's investment in Telelogic is over 100%. After the sale, Ratos owns 310,000 shares in Telelogic which will be placed in Ratos's short-term trading portfolio. Financial calendar 2002: Year-end report for 2001 21 February Three-month report 13 May Six-month report 26 August Nine-month report 13 November Annual General Meeting 10 April Ratos is a listed private equity company. The business concept is to maximise shareholder value over time by investing in, developing and divesting primarily unlisted companies. Ratos thus offers stock market players a unique investment opportunity. The net asset value of Ratos's investments is approximately SEK 9 billion. Ratos's holdings include Arcorus, Atle Industri, Camfil, Capona, Dahl dahl n. 1. See pigeon pea. 2. or dal A thick creamy East Indian stew made with lentils or other legumes, onions, and various spices. , DataVis, DIAB, Dynal Biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. , Esselte, Exceed, Gadelius KK, Haendig, Haglofs, Hilding Anders, Hilton Group, HL Display, Industri Kapital, Intervect, Kronans Droghandel, Lindab, Martinsson, Programmera, Q-Labs, Superfos and Telia Overseas. |
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