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Kinnevik's net asset value drops 6 percent in Q3

Kinnevik's third quarter net asset value (NAV) of 50.8 billion Swedish krona or 180 Swedish krona per share, declined 3.3 billion Swedish krona or 6 percent. The company’s net cash position is 7.6 billion Swedish krona, corresponding to 17 percent of portfolio value. ”The market environment in which we operate continues to be highly challenging,...