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Teleios Capital Sells Entire Stake in Kongsberg Automotive
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Teleios Capital Sells Entire Stake in Kongsberg Automotive

Kongsberg Automotive Holding ASA (KGAUF) has released an update.

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On September 5, 2024, Teleios Global Opportunities Master Fund, managed by Teleios Capital Partners, completely divested its stake in Kongsberg Automotive ASA by selling all of its 194,291,164 shares, representing 20.4% of the company’s share capital. Following the sale, Teleios no longer holds any shares in the automotive company. This significant transaction is reported as per the Norwegian Securities Trading Act.

For further insights into KGAUF stock, check out TipRanks’ Stock Analysis page.

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