GOTHENBURG, Sweden, May 19, 2003 (PRIMEZONE) -- Bure Equity (Other OTC:BRVVF): in accordance with its previous strategic decision, Bure continues to reduce its involvement in the venture capital sector and indirect assets.
Today, Bure has sold 50 per cent of its remaining holding in Innovationskapital's fund III. The participation consists of a company portfolio and future investment undertakings of SEK 51M.
The sale generates a book gain of SEK 0.5M and strengthens Bure's liquidity by SEK 5M. After the transaction, Bure's remaining investment undertaking amounts to SEK 51M.
Bure Equity AB (publ) For further information, please contact: Bjorn Boldt-Christmas, Senior Advisor +46 705-88 76 85
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