Zalando : Shares Fall After Kinnevik's Plan to Distribute Stake
Comunicado del fondo sueco Kinnevik sobre su plan de distribución de sus accionesde Zalando y tiene el beneplácito de Ritter coordinador ejecutivo de Zalando.
02/17/2021 | 04:14am EST
By Mauro Orru
Shares in Zalando SE fell Wednesday after Swedish investment firm Kinnevik AB confirmed plans to distribute its entire 21% stake in the Berlin-based online retailer to its shareholders for about 55.1 billion Swedish kronor ($6.64 billion).
At 0850 GMT, Zalando was trading 5.2% lower at EUR97.02.
Zalando said it backs Kinnevik's decision, which comes more than 10 years after the Swedish company's first investment in the firm.
"After such a successful partnership, granting Kinnevik shareholders direct exposure to Zalando is a logical next step and we are looking forward to welcoming them as direct shareholders in Zalando. We view this as an opportunity to gain renewed support for our vision and strategy going forward," Zalando Co-Chief Executive Rubin Ritter said.
Kinnevik said it would propose the distribution at its annual general meeting on April 29 in a bid to complete the distribution in the second quarter.
The company has already secured preliminary approval from shareholders representing 30% of shares and 50% of votes, Kinnevik said.
"By distributing Zalando to our shareholders, the portfolio distribution becomes more balanced and unique, and we will have more than two-thirds of our capital invested in a diverse set of younger, high growth, increasingly private digital companies, making consumers' lives better in the digital age," Kinnevik Chief Executive Georgi Ganev said.
-- Dominic Chopping contributed to this article
(END) Dow Jones Newswires
02-17-21 0413ET
En resumen, parece ser que que el fondo sueco kinnevik quiere que las acciones que tiene de Zalando sean los mismos accionistas del fondo quienes las tengan y decidan. Se fija la fecha del 29 de abril para aprobar el reparto de esas acciones entre los accionistas , completando esa distribución en el segundo trimestre. El coordinador ejecutivo de Zalando , Ritter lo ve con buenos ojos y les dará la bienvenida a los nuevos accionistas.
Ya veremos qué pasará, pero no me fio un pelo y, ¿ si a toda esa peña le da por salir de Zalando?
En cualquier caso sería el 29 de abril, después de los resultados del 4º trimestre, pero fijaos lo feo que se puede poner el invento. Por un lado este acuerdo con Kinnevik, que ya tenemos un feo precedente en 2019 y por otro que los datos de la pandemia mejoren, con lo que para Zalando pudiera ser negativo en su balance, como ya ha pasado alguna vez.
Saludos y estaremos atentos a los acontecimientos.
