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An update from VNV Global ( (SE:VNV) ) is now available.
VNV Global has announced that the sale of its stake in Gett will not proceed, and it will remain a shareholder. Despite the transaction not closing, Gett has shown strong operational performance with significant gross bookings and EBITDA, leading VNV Global to anticipate a dividend distribution while continuing to support Gett’s growth.
More about VNV Global
VNV Global is an investment company that focuses on network effect businesses and patient capital to achieve long-term profitability. The company is listed on Nasdaq Stockholm, Mid Cap segment, and invests in business models that build strong competitive advantages.
Average Trading Volume: 174,869
Current Market Cap: SEK2.2B
See more insights into VNV stock on TipRanks’ Stock Analysis page.