Kinnevik bails out of Rocket via €218m clean-up block

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Kinnevik bails out of Rocket via €218m clean-up block

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Founder and CEO of Rocket Internet AG Oliver Samwer stands in front of the company's logo at a press conference in Frankfurt Main, Germany, 24 September 2014. Rocket Internet plans to go public in October 2014. Photo: BORIS ROESSLER/DPA | Boris Roessler/DPA/PA Images

Shares in Rocket Internet, the German internet start-up incubator, fell as much as 4% on Thursday morning after Kinnevik, the Swedish investment company, sold the last of its stake, for €218m. The shares closed down 2%.

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