Latest news with #InvestorAB
Bloomberg
17-05-2025
- Business
- Bloomberg
Sweden as Europe's Bright Spot for Capital Markets
How has a nation of 10 million people built one of the most dynamic capital markets in Europe? Adena Friedman speaks with us from Stockholm on Nasdaq's presence in the Nordic country. Sweden's minister for financial markets Niklas Wykman, Investor AB CEO Christian Cederholm, Froda CEO Olle Lundin and Swedbank CEO Jens Henriksson talk about the country's combination of social welfare and business-friendly policies that encourage risk-taking and deepen its capital markets at a time when the rest of the EU struggles to innovate and grow. (Source: Bloomberg)
Business Insider
26-04-2025
- Business
- Business Insider
Investor AB (0NC6) Gets a Buy from Kepler Capital
Kepler Capital analyst Johan Sjoberg maintained a Buy rating on Investor AB (0NC6 – Research Report) on April 24 and set a price target of SEK314.00. The company's shares closed last Thursday at SEK281.80. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. According to TipRanks, Sjoberg is an analyst with an average return of -4.6% and a 28.79% success rate. Currently, the analyst consensus on Investor AB is a Moderate Buy with an average price target of SEK344.00.
Bloomberg
19-03-2025
- Business
- Bloomberg
Investor AB Unit to Buy Nova Biomedical in $2.2 Billion Deal
A unit of Investor AB, the investment firm controlled by the Wallenberg family, has struck an agreement to acquire Nova Biomedical for an enterprise value of $2.2 billion. The merger with the acquiring unit, US-based Advanced Instruments, will create a portfolio of products serving the biopharmaceutical and clinical markets in more than 100 countries, according to a statement on Wednesday. For the full year 2024, the combined business generated sales of $621 million with an adjusted profit margin of about 30%.
Bloomberg
10-03-2025
- Business
- Bloomberg
Swedish Wallenberg Family Anoints Next Generation With New Posts
The Wallenbergs, a Swedish industrial dynasty rooted in the nineteenth century, took a major step toward its succession planning by appointing some of the family's sixth generation to the boards of key business interests. Private equity group EQT AB said Jacob Wallenberg Jr, born 1992, was being proposed as a new board member. The family's investment vehicle Investor AB separately announced that Fred Wallenberg, born 1990, would be put forward to its board of directors at the next annual general meeting.
