Bure Equity reduces its exposure to venture capital

Bure Equity reduces its exposure to venture capital In accordance with its previous strategic decision, Bure continues to reduce its involvement in the venture capital sector. Today, Bure has sold 50 per cent of its holding in Innovationskapital's fund III to Tredje AP-fonden. The participation consists of a company portfolio and future investment undertakings of SEK 102M. The sale generates a book gain of SEK 3M and strengthens Bure's liquidity by SEK 12M. Gothenburg, 7 March 2003 Bure Equity AB (publ) For further information, please contact: Björn Boldt-Christmas, Senior Advisor Tel +46 705-887685 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/03/07/20030307BIT00840/wkr0001.doc http://www.waymaker.net/bitonline/2003/03/07/20030307BIT00840/wkr0002.pdf

About Us

Bure is a long-term principal owner of operating companies. By actively developing a diversified portfolio of companies and operations, Bure’s objective is to create value and returns for its shareholders.

Subscribe