All Conditions for Divestment of Scania Shares Fulfilled
All conditions regarding the divestment of Investor's remaining shares in Scania to Volkswagen have now been fulfilled. The transaction of 88,027,028 A-shares in Scania at a price of SEK 200 per share, prior to adjustments for dividends, proceeds from redemption programs and additional interest compensation on the transaction value, can thereby be finalized. The net proceeds after these adjustments and less transaction costs amounts to SEK 16.8 bn. Settlement is expected on July 22, 2008.
INVESTOR AB
For further information:
Fredrik Lindgren, Head of Corporate Communications:
+46 8 614 2031, Mobile: +46 73 524 2031
Oscar Stege Unger, Head of Investor Relations:
+46 8 614 2059, Mobile: +46 70 624 2059
Our press releases can be accessed at www.investorab.com on the Internet.
Investor AB is the largest industrial holding company in the Nordic region. For almost a century, Investor's business concept has been to generate solid long-term returns by investing in companies with attractive potential for value creation. We are an active owner who applies our experience, knowledge and network to develop both listed and unlisted holdings and make them best-in-class. Investor conducts investment activities from Northern Europe, the United States and Asia.
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