Rite Ventures has completed the acquisition of the shares in Qliro Group from Kinnevik
Press release, Stockholm, 18 September 2020 Qliro Group announced on June 11, 2020 that the company had been informed that its two largest shareholders, Kinnevik and Rite Ventures, had entered into an agreement meaning that Rite Ventures would acquire 36,021,945 shares in Qliro Group from Kinnevik. The transaction was conditional on approval from the Swedish Financial Supervisory Authority, which has now been announced. This means that the transaction now has been completed and that Rite Ventures is the largest shareholder in Qliro Group with 25.06 percent of the total number of shares