NORDIC BUSINESS REPORT-January 4, 2011--Swedish Bure to sell out of Aptilo Networks for SEK9.2m(C)2011 M2 COMMUNICATIONS http://www.m2.com
4 January 2011 - Swedish investment firm Bure Equity AB (STO: BURE) said today it has agreed to sell its 9.9% holding in local Aptilo Networks AB to Norwegian private equity fund Norvestor V LP for SEK9.2m.
Bure expects to book a capital gain of SEK3m from the divestment.
Aptilo develops and sells system solutions that provide fixed and wireless Internet access at public sites, offices and homes. Bure has, via Skanditek Industriforvaltning AB, been a shareholder in the company since 2003. Bure and Skanditek merged at the beginning of 2010.
Norvestor V LP is managed by Norvestor Equity AS.
(EUR1 = SEK9)
((Comments on this story may be sent to info@m2.com)).END.PUB430>PDJanuary 4, 2011>JNNORDIC BUSINESS REPORT.PRICEDATENOT APPLICABLE.DAY
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