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VEF AB ( (SE:VEFAB) ) has shared an update.
VEF AB has sold its remaining stake in Blackbuck, an Indian digital platform for trucks, following a successful IPO and a strong share price performance. This strategic move aligns with VEF’s goal to provide value accretive exits and strengthen its balance sheet, allowing for continued bond- and share buybacks.
More about VEF AB
VEF AB is an investment company listed in Sweden, focusing on growth stage private fintech companies. They take minority stakes and actively participate in their portfolio companies, with a focus on emerging markets and various financial services sectors, including payments, credit, mobile money, and wealth advisors.
Average Trading Volume: 1,428,702
Current Market Cap: SEK2B
See more insights into VEFAB stock on TipRanks’ Stock Analysis page.