Kinnevik revalues its Avito asset

24 Oct 2013
The value of the Russian general classifieds platform runs up and up.In its Q3 report the investment company Kinnevik added another SEK 220 million ($34.5 million U.S.) and revalued its 31-percent stake in Avito to SEK 1, 454 million.Since there is no trading in the company, the value assessment was done by multiplying the last 12

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Lars Herlin

Lars Herlin is an AIM Group senior analyst for Europe, and our expert on Schibsted. He had a long career in journalism at Expressen, Svenska Dagbladet and VeckansAffärer, and served as managing editor and later managing director of Gotlands Allehanda.