Ratos sells its holding in Telelogic
"Now when we step back from our ownership role in Telelogic after almost four years, we can note that we have been involved in a strong growth phase in an exciting company of the future. Our investment has also provided a good return," says CEO Arne Karlsson commenting on today's deal.
The average annual return on Ratos's investment in Telelogic is over 100%. After the sale, Ratos owns 310,000 shares in Telelogic which will be placed in Ratos's short-term trading portfolio.
For further information, please contact:
Arne Karlsson, CEO, +46 8 700 17 00
Clara Bolinder-Lundberg, Head of Corporate Communications, +46 70 719 84 43