Bure reduces its exposure to venture capital
Bure continues to reduce its exposure to the venture capital sector. This is in line with the company’s adopted strategy.Today, 24 November 2004, Bure has divested its remaining holding in Innkap 3 Partners through its subsidiary, Bure Kapital. The sale involves an immediate contribution to liquidity of SEK 10M and a reduction in future undertakings of approximately SEK 40M. After the transaction, Bure has no remaining undertakings towards InnovationsKapital. Gothenburg, 24 November 2004 Bure Equity AB (publ) For further information, please contact: Alexander Helm, Investment Manager +46