{"id":810,"date":"2019-12-16T12:31:30","date_gmt":"2019-12-16T11:31:30","guid":{"rendered":"https:\/\/fnyhetsrum.stagesite.se\/en\/?p=810"},"modified":"2020-04-02T16:16:45","modified_gmt":"2020-04-02T14:16:45","slug":"folksam-and-kpa-pension-reinvest-sek-2-billion-in-volvo-cars","status":"publish","type":"post","link":"https:\/\/fnyhetsrum.stagesite.se\/en\/2019\/12\/16\/folksam-and-kpa-pension-reinvest-sek-2-billion-in-volvo-cars\/","title":{"rendered":"Folksam and KPA Pension Reinvest SEK 2 Billion in Volvo Cars"},"content":{"rendered":"<p><strong>Folksam and KPA Pension, members of the Folksam Group, are reinvesting SEK 2 billion in preferred stock in Volvo Car AB in conjunction with the redemption of existing preferred stock.<\/strong><\/p>\n<p>\u201cThis investment provides our customers with a good risk-adjusted return and continued involvement in a successful company with strong links to Swedish industry. Volvo remains at the cutting edge, not least in terms of electrification and self-driving vehicles,\u201d says Michael Kjeller, head of asset management and sustainability at the Folksam Group.<\/p>\n<p>The Folksam Group\u2019s investment is distributed as follows: Folksam Liv SEK 1,000 million, Folksam Sak SEK 200 million and KPA Pension SEK 800 million.<\/p>\n<p>Lenner &amp; Partners has advised the Folksam Group in conjunction with this transaction.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>For further information, please contact:<br \/>\n<\/strong>Christina Sj\u00f6lund, investor relations, the Folksam Group,\u00a0+46 8\u00a0772 67 39<br \/>\nMichael Kjeller, head of asset management and sustainability, the Folksam Group. +46\u00a0708 31 53 21<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Folksam and KPA Pension, members of the Folksam Group, are reinvesting SEK 2 billion in preferred stock in Volvo Car AB in conjunction with the redemption of existing preferred stock.<\/p>\n","protected":false},"author":1,"featured_media":811,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,31,49],"tags":[],"_links":{"self":[{"href":"https:\/\/fnyhetsrum.stagesite.se\/en\/wp-json\/wp\/v2\/posts\/810"}],"collection":[{"href":"https:\/\/fnyhetsrum.stagesite.se\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fnyhetsrum.stagesite.se\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fnyhetsrum.stagesite.se\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fnyhetsrum.stagesite.se\/en\/wp-json\/wp\/v2\/comments?post=810"}],"version-history":[{"count":1,"href":"https:\/\/fnyhetsrum.stagesite.se\/en\/wp-json\/wp\/v2\/posts\/810\/revisions"}],"predecessor-version":[{"id":812,"href":"https:\/\/fnyhetsrum.stagesite.se\/en\/wp-json\/wp\/v2\/posts\/810\/revisions\/812"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fnyhetsrum.stagesite.se\/en\/wp-json\/wp\/v2\/media\/811"}],"wp:attachment":[{"href":"https:\/\/fnyhetsrum.stagesite.se\/en\/wp-json\/wp\/v2\/media?parent=810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fnyhetsrum.stagesite.se\/en\/wp-json\/wp\/v2\/categories?post=810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fnyhetsrum.stagesite.se\/en\/wp-json\/wp\/v2\/tags?post=810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}