Handelsbanken sells out of Industrivärden in $536m clean-up operation

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Handelsbanken sells out of Industrivärden in $536m clean-up operation

Handelsbanken sold its entire 6.8% stake in Industrivärden, the Swedish investment company that owns 25% of the bank, for Skr4.49bn ($536m), unwinding the last significant cross-shareholding between Industrivarden and its portfolio of companies.

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