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Kinnevik AB (publ) (“Kinnevik”) has noticed recent media articles about the potential special purpose acquisition of Babylon Holdings Limited (“Babylon”) and confirmed that it is exploring potential transactions.
A clear decision has not yet been made on any transaction. Kinnevik has no further comments at this stage, but will communicate further in due course.
This information is information that Kinnevik AB (publ) is obligated to disclose in accordance with EU market abuse regulations. This information has been submitted for publication through the agents of the following contacts at 17:00 CEST on May 30, 2021.
For more information, please visit www.kinnevik.com Or contact:
Torun Litzén, Director of Investor Relations
Phone +46 (0)70 762 00 50
e-mail press@kinnevik.com
Kinnevik is an industry-focused investment company with entrepreneurial spirit. Our goal is to improve people’s lives by providing more and better choices. We work with talented founders and management teams to build challenger companies and use disruptive technologies to meet the daily material needs of consumers. As an active owner, we believe in realizing shareholder and social value by establishing a long-term sustainable business that makes a positive contribution to society. We invest in Europe, focusing on Northern Europe and the United States, and selectively invest in other markets. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s stock is listed on the NASDAQ Stockholm list of large-cap companies under the ticker symbols KINV A and KINV B.
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