Change of ownership in Qliro Group
Press release, Stockholm, 11 June 2020Qliro Group AB (publ) (“Qliro Group”) today announced that the company has been informed that Qliro Group’s two largest shareholders, Kinnevik and Rite Ventures, have agreed that Rite Ventures shall acquire 36,021,945 shares in Qliro Group, corresponding to 23.2% of the shares in Qliro Group, from Kinnevik. The transaction is conditional upon approval by the Swedish Financial Supervisory Authority, which is expected during the third quarter 2020. Following completion of the transaction, Rite Ventures will be the largest shareholder in Qliro Group,