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The latest update is out from VNV Global ( (SE:VNV) ).
VNV Global has confirmed the receipt of the remaining USD 26 million from the sale of Gett, completing the total proceeds of USD 86.7 million. This financial development, along with other recent activities such as the Tise exit and partial bond redemption, has resulted in VNV Global achieving a positive net cash position, which could enhance its operational flexibility and market positioning.
More about VNV Global
VNV Global is an investment company that focuses on patient capital and network effect businesses to achieve long-term profitability. The company is an opportunistic investor in business models that create strong competitive advantages. VNV Global’s common shares are listed on Nasdaq Stockholm, Mid Cap segment, under the ticker VNV.
Average Trading Volume: 293,849
Technical Sentiment Signal: Hold
Current Market Cap: SEK3.05B
See more insights into VNV stock on TipRanks’ Stock Analysis page.