Business Wire

Anabranch Capital Management intends to reject Forseti III AB’s offer to the shareholders of Karnov Group AB

Share

Funds managed by Anabranch Capital Management, LP (“Anabranch”) have owned shares of Karnov Group AB (“Karnov” or the “Company”) (KAR SS) since June 2023 and currently own more than 5.7 million shares, corresponding to approximately 5.3% of all outstanding shares in the Company. Anabranch believes the SEK 84 per share offer from Forseti III AB is far below Karnov’s intrinsic value, and Anabranch intends to reject the offer.

Disclaimer: The views expressed are those of the authors and Anabranch Capital Management, LP as of the date referenced and are subject to change at any time based on market or other conditions. These views are not intended to be a forecast of future events or a guarantee of future results. These views may not be relied upon as investment advice. The information provided should not be considered a recommendation to buy or sell any of the securities mentioned nor a recommendation on how or if to vote or act, and should be construed only as an expression of how Anabranch Capital Management, LP currently intends to vote or act. This material is for informational purposes and should not be construed as a research report.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Jonathan Gasthalter/Amanda Shpiner
Gasthalter & Co.
212 257 4170

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Kirin Holdings will begin online sales of " Electric Salt Spoon ", a spoon that uses electricity to enhance salty and umami taste *1 , on May 2020.5.2024 03:30:00 CEST | Press release

Kirin Holdings Company, Limited (Kirin) will launch as a new business in the Health Science domain (Health Science business) a limited offering of 200 units of Electric Salt Spoon, which enhances the salty and umami taste of low-sodium foods with the power of electricity, on Monday, May 20, 2024 at its official online store (https://electricsalt.shop.kirin.co.jp/). In addition, a limited number of units will be available at Hands Inc. stores beginning in June. This tableware-type device is equipped with technology that enhances the salty taste perceived when eating low-sodium foods by approximately 1.5 times*2,3. The technology was developed through joint research with the Meiji University Dr. Homei Miyashita Laboratory of the Department of Frontier Media Science, School of Interdisciplinary Mathematical Sciences (Miyashita Laboratory). Through this device, we aim to realize a society in which people can improve their lifestyle in a delicious way. This press release features multimedia

Reality TV Star, Mollie Pearce, Backs Campaign to Tackle Inequalities in Condition That Impacts Millions of People Globally19.5.2024 00:01:00 CEST | Press release

Celltrion partners with TV star Mollie Pearce to launch the second installation of the Where’s Crohn’s & Colitis (CC)? campaign for this year’s World IBD Day (19 May 2024). The campaign focuses on access to IBD care and treatment as the burden of the condition rises globally1. Widening inequalities and significant variations in access across the globe, and even within countries, is impacting people’s experience of IBD care and ultimately their outcomes2. Through raising awareness of the factors driving these inequalities and potential solutions, the campaign hopes to encourage improved access to a timely diagnosis, high quality care and innovative treatments. Innovations in treatments, including advances in treatment administration that enable people to access at-home injectable treatment (versus hospital-based treatment), allows people to have an improved quality of life whilst managing their condition3. The campaign encourages people to look beyond what they would usually see, to mak

Unveiling the HPC Future with xFusion at ISC 202418.5.2024 05:37:00 CEST | Press release

xFusion Digital Technologies Co., Ltd. (xFusion) dazzled attendees with its top-of-the-range computing products and solutions at the prestigious ISC High Performance 2024 event, hosted at the Congress Center Hamburg in Germany from May 13th to 15th. During the event, xFusion and fellow participants delved into the realms of AI and high performance computing (HPC) to explore their innovative applications and developmental trends, marking a significant convergence of minds and technologies. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240516487957/en/ (Photo: xFusion) Tab Tang , President of the Computing and Expansion at xFusion, delivered a keynote titled "Reinvent HPC in the Era of AI" during the Vendor Roadmap session on the 15th. He illuminated the pivotal role of smart computing in propelling industrial progress, highlighting the cooling challenges arising from high power and computing density, along with sustainabilit

Yard Force Introduces New 20V Cordless Lawn Mower: A Powerful, Efficient and Versatile Solution for Easy Lawn Care17.5.2024 17:19:00 CEST | Press release

Yard Force, a leading manufacturer of high-quality garden tools, is pleased to announce the launch of its latest product innovation, the Yard Force 20V Cordless Lawn Mower. Engineered for modern homeowners, this cutting-edge mower delivers power, efficiency and versatility for easy lawn care. Meet the new model: the LM C37B. The Yard Force LM C37B stands out with its 37 cm cutting width, for effortlessly tackling larger lawns. Capable of mowing up to 450 square metres, it's perfect for medium to large gardens, allowing homeowners to maintain a well-tended garden with minimal effort. Powered by a state-of-the-art brushless motor, the advanced technology of the LM C37B ensures exceptional performance and greater longevity, making it a dependable and durable addition to your garden tools. One of the standout features of the Yard Force LM C37B is its powerful 20V 2.5Ah dual battery system. This guarantees ample power to finish the job, regardless of lawn size. The package also includes a 2

Wipro Appoints Sanjeev Jain as Chief Operating Officer17.5.2024 14:52:00 CEST | Press release

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced the appointment of Sanjeev Jain as the Chief Operating Officer effective immediately. Sanjeev succeeds Amit Choudhary, who is stepping down to pursue opportunities outside the organization. Sanjeev will report to Srinivas Pallia and will continue to be a member of Wipro’s Executive Committee. Sanjeev joined Wipro in 2023 as the Global Head of Business Operations. He brings over 30 years of experience in leading large, diverse teams, scaling up global operations, and deploying Lean Six Sigma and design thinking principles to drive operational excellence and business transformation. Over the past year, Sanjeev has been leading Wipro’s talent supply chain, including Wipro’s gig work platform, TopGear, as well as talent skilling, global mobility, talent acquisition, and business resilience functions. He has played a key leadership role in the development and deployment

HiddenA line styled icon from Orion Icon Library.Eye