TV1000 divestment boosts Kinnevik profit

By 2000-08-15T17:44:00

Swedish conglomerate Kinnevik, which has interests ranging from forestry to telecoms, has reported a slim first-half profit of $7.8m (SEK72m), compared to a loss of $58.8m (SEK541m) the previous year, which was mainly due to its divestment of Sweden's TV1000 channels.

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