{"id":14848,"date":"2020-04-27T11:29:32","date_gmt":"2020-04-27T11:29:32","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=278827"},"modified":"2020-04-27T11:29:32","modified_gmt":"2020-04-27T11:29:32","slug":"cevian-capital-shuffles-ericsson-holding","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/04\/27\/cevian-capital-shuffles-ericsson-holding\/","title":{"rendered":"Cevian Capital shuffles Ericsson holding"},"content":{"rendered":"

<\/p>\n

\tActivist investor Cevian Capital cut its stake in Ericsson to 7.4 per cent of share capital, to adjust its portfolio weight and explore other investment opportunities, Reuters reported.<\/p>\n

A filing to the US Securities and Exchange Commission on 24 April showed Cevian Capital reduced its holding of Ericsson Class B shares by almost 34 million, to 246.9 million.<\/p>\n

Christer Gardell, managing partner and co-founder of Cevian Capital, told Reuters the move was taken to adjust the weighting of its portfolio to a suitable level, with the proceeds going towards investments in other companies.<\/p>\n

Despite the decision, Gardell noted the investment company still believed in the potential of the Sweden-based vendor.<\/p>\n

Ericsson\u2019s annual report showed Cevian Capital held an 8.43 per cent stake at end-2019, with holding companies Investor AB and Industrivarden having stakes of 7.2 per cent and 2.61 per cent respectively.<\/p>\n

Cevian Capital acquired a 5.6 per cent stake in Ericsson in May 2017 [1] for a reported sum of $1 billion. Five months later, Investor AB surpassed Cevian Capital to become Ericsson\u2019s largest shareholder [2] by raising its stake to 6.6 per cent.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/ericsson-must-deliver-on-potential-new-investor-warns\/
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/ericsson-ownership-swings-back-to-investor\/<\/p>\n\n

\\\"IT\u96fb\u8166\u88dc\u7fd2
\u7acb\u523b\u8a3b\u518a\u53ca\u5831\u540d\u96fb\u8166\u88dc\u7fd2\u8ab2\u7a0b\u5427!<\/figcaption><\/figure>\r\n<\/br>Find A Teacher Form:\r\n<\/br>https:\/\/docs.google.com\/forms\/d\/1vREBnX5n262umf4wU5U2pyTwvk9O-JrAgblA-wH9GFQ\/viewform?edit_requested=true#responses\r\n<\/br><\/br>Email:\r\n<\/br>public1989two@gmail.com






\r\nwww.itsec.hk<\/a>
\r\nwww.itsec.vip<\/a>
\r\nwww.itseceu.uk<\/a>
<\/p>","protected":false},"excerpt":{"rendered":"

Activist investor Cevian Capital cut its stake in Ericsson to 7.4 per cent of share …<\/p>\n

The post Cevian Capital shuffles Ericsson holding<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":211,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Cevian Capital shuffles Ericsson holding - ITTeacherITFreelance.hk","description":"Activist investor Cevian Capital cut its stake in Ericsson to 7.4 per cent of share ... The post Cevian Capital shuffles Ericsson holding appeared first on Mobi"},"footnotes":""},"categories":[11,8],"tags":[2797],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/14848"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/211"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=14848"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/14848\/revisions"}],"predecessor-version":[{"id":14849,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/14848\/revisions\/14849"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=14848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=14848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=14848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}