Cevian, founded by Swedes Christer Gardell and Lars Forberg, previously owned 8.05 percent of the shares.
Ericsson is due to report quarterly earnings on Wednesday January 31.
(Reporting by Helena Soderpalm; Editing by Edmund Blair)
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5-day change | 1st Jan Change | ||
65.54 SEK | +0.49% |
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-0.40% | +3.85% |
07-05 | Sector Update: Tech Stocks Steady Pre-Bell Friday | MT |
07-05 | Ericsson to Take $1.09 Billion Noncash Impairment Hit in Q2 Related to Vonage | MT |
STOCKHOLM (Reuters) - Activist investor Cevian Capital has increased its stake in mobile telecom equipment maker Ericsson to 9.06 percent of the outstanding B shares, a filing from the U.S. Securities and Exchange Commission showed on Monday.
Cevian, founded by Swedes Christer Gardell and Lars Forberg, previously owned 8.05 percent of the shares.
Ericsson is due to report quarterly earnings on Wednesday January 31.
(Reporting by Helena Soderpalm; Editing by Edmund Blair)
1st Jan change | Capi. | |
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+3.85% | 20.84B | |
-7.66% | 188B | |
+55.47% | 115B | |
+79.10% | 74.01B | |
+23.57% | 64.52B | |
+25.98% | 31.1B | |
+18.23% | 21.52B | |
+75.45% | 21.38B | |
+3.81% | 16.9B | |
+24.56% | 11.93B |