Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Investor AB    INVE B   SE0000107419

INVESTOR AB

(INVE B)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Peter Wallenberg, Head of Dynasty That Shaped Modern Sweden, Dies at 88

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/19/2015 | 07:10am EDT
By Christina Zander 

STOCKHOLM-- Peter Wallenberg, the patriarch of one of Sweden's most powerful and influential families, died at his home on Monday. He was 88.

Mr. Wallenberg was the head of a dynasty of bankers, industrialist, politicians and diplomats that has shaped Swedish society. The family, through its investment vehicle Investor AB, has interests in some of Sweden's largest companies, including Astra Zeneca, Ericsson, SAAB and SEB.

He was related to the diplomat Raoul Wallenberg, who saved hundreds of thousands of Jews from the Holocaust when he was Sweden's envoy to Nazi occupied Hungary during World War II.

Mr. Wallenberg was born in Stockholm in 1926 and he was active within the family's companies after he graduated from university, but it was the suicide of his brother Marc in 1971 that saw Mr. Wallenberg become the eventual head of the family companies.

He stepped down as chairman of the family's largest foundation, the Knut and Alice Wallenberg foundation, only last week.

The Wallenberg assets are now controlled by the fifth generation of the family, including Peter Wallenberg's two sons.

His oldest son Jacob Wallenberg, 59, is chairman of Investor and deputy chairman of FAM, the family's holding company. He is also deputy chairman in SAS and Ericsson and a member of ABB's board. Peter Wallenberg Jr, 55, now holds the position of chairman in the Knut och Alice Wallenberg foundation, which controls more than half of the votes in Investor as well as stakes in several of the companies within the family sphere. He is also a member of Investor's board.

Their cousin, Marcus Wallenberg, 58, is chairman of FAM and a board member of Investor. He is also and chairman in SEB and Saab AB and a board member in Astra Zeneca.

Write to Christina Zander at christina.zander@wsj.com

Access Investor Kit for Saab AB

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=SE0000112385

Stocks mentioned in the article
ChangeLast1st jan.
INVESTOR AB -0.26% 456.3 Delayed Quote.21.91%
SAAB AB -1.03% 307 Delayed Quote.0.62%
SKANDINAVISKA ENSKILDA BANKEN AB -0.28% 92.5 Delayed Quote.7.80%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on INVESTOR AB
07/17INVESTOR : Posts Second Quarter Shareholder Return of 9%
DJ
07/12INVESTOR : Divestment of Aleris
AQ
07/08INVESTOR : Media and capital markets conference call in conjunction with Investo..
AQ
07/03EXCLUSIVE : Sweden's EQT targets Asia Pacific as IPO decision looms
RE
05/26EQT in $2.26 Billion Takeover Bid for Australia's Vocus
DJ
05/09INVESTOR : Utilization of transfer authorization in Investor AB
AQ
05/09INVESTOR AB : Ex-dividend day for interim dividend
FA
05/08INVESTOR : Bulletin from Investor AB's Annual General Meeting 2019
AQ
05/03INVESTOR : Invitation to media representatives and analysts to Investor AB's Ann..
AQ
04/24INVESTOR : Posts 11% Shareholder Return in 1Q
DJ
More news
Financials (SEK)
Sales 2019 43 566 M
EBIT 2019 4 456 M
Net income 2019 28 786 M
Debt 2019 20 081 M
Yield 2019 3,06%
P/E ratio 2019 17,1x
P/E ratio 2020 26,5x
EV / Sales2019 8,49x
EV / Sales2020 8,65x
Capitalization 350 B
Chart INVESTOR AB
Duration : Period :
Investor AB Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INVESTOR AB
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 8
Average target price 482,86  SEK
Last Close Price 457,90  SEK
Spread / Highest target 15,7%
Spread / Average Target 5,45%
Spread / Lowest Target -12,6%
EPS Revisions
Managers
NameTitle
Johan Patrik Lennart Forssell President, Chief Executive Officer & Director
Jacob Wallenberg Chairman
Helena Ildiko Saxon Chief Financial Officer
Grace Reksten Skaugen Independent Director
Lena Treschow-Torell Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
INVESTOR AB21.91%37 344
CK HUTCHISON HOLDINGS LTD2.19%37 595
KOC HOLDING AS--.--%8 158
REMGRO LIMITED-2.55%7 578
KINNEVIK14.18%7 222
LIFCO AB (PUBL)58.78%4 994