EQT Raises $6.5B Sixth Fund

Swedish private equity firm EQT has raised 4.75 billion euros ($6.5 billion) for its sixth fund, Reuters reported Friday. EQT is backed by Sweden’s billionaire Wallenberg family, and the family fund Investor AB is the firm’s biggest investor, with a maximum commitment of up to 450 million euros, Reuters wrote

Investor Growth Capital Adds $300M – CORRECTED

Investor Growth Capital, formerly a business unit within Investor AB, announced Wednesday that it is now an independent venture firm with Investor AB as its sole limited partner. Additionally, Investor AB has added $300 million in new capital to the firm’s current fund, IGC Fund VI, bringing the size of the fund to more than $1.3 billion. The firm focuses on expansion-stage technology and healthcare companies in the United States and Greater China.

Terumo Buys PE-backed CaridianBCT

Terumo Corp. will pay $2.6 billion to buy U.S. medical device company CaridianBCT from a Swedish firm Gambro, Reuters reported. The deal would make the largest acquisition by a Japanese medical device maker, Reuters wrote. Gambro is jointly controlled by Investor AB and private equity funds manager EQT IV.

Biovitrum To Buy Swedish Orphan

STOCKHOLM (Reuters) – Swedish biotechnology group Biovitrum (BVT.ST) said on Thursday it had signed a deal to buy drug firm Swedish Orphan, jointly owned by holding company Investor AB (INVEb.ST) and private equity firm Priveq. Biovitrum said in a statement it had agreed to pay an upfront consideration of 3.5 billion Swedish crowns ($493.2 million) […]

Investor AB and Priveq Receive Swedish Orphan Bids

STOCKHOLM/LONDON (Reuters) – Sweden’s Investor AB (INVEb.ST) and Priveq Investment have received the first round of bids in a planned sale of their jointly owned drug company, Swedish Orphan, sources familiar with the matter said on Friday. “The bids are in and now everyone is waiting for news of what will happen after the bids […]

Investor AB Mulls Sale of Swedish Orphan

LONDON/STOCKHOLM (Reuters) – Sweden’s Investor AB and Priveq Investment are exploring a sale or flotation of Swedish Orphan, their jointly owned maker of drugs for rare diseases, two people familiar with the matter said on Friday. Morgan Stanley and SEB Enskilda, part of Swedish banking group SEB (SEBa.ST), are likely to act as advisers on […]

Investor AB Prepared To Inject Capital Into Holdings

Investor AB, the investment vehicle of Sweden’s powerful Wallenberg family, is prepared to inject capital in its holdings and advises boards to be cautious when setting dividends. The company, whose core holdings include stakes in telecom equipment maker Ericsson, engineering group ABB and bank SEB, said the net value of its holdings fell 23% last […]

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