Industrivarden Sells Its Entire Holding in Lundbeck


STOCKHOLM, Sweden, April 4, 2002 (PRIMEZONE) -- Industrivarden has sold its entire holding of 8,427,400 shares, corresponding to 3.6% of the votes, in the Danish pharmaceutical company Lundbeck A/S. The sales price was SEK 2.4 bn, generating a capital gain of SEK 1.5 bn.

Industrivarden has made continuous purchases of Lundbeck's stock since the company's introduction on the Copenhagen Stock Exchange in June 1999. Major purchases were made in connection with the IPO and during March and April 2000.

This information was brought to you by Waymaker http://www.waymaker.net



            

Contact Data