Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Klarna Group Plc Chief Executive Officer Sebastian Siemiatkowski is overhauling how he controls his roughly $1.1 billion stake in the financial technology firm, lining up a major revamp for his biggest asset just days after its listing in New York.
Flat Capital AB, the publicly listed investment firm Siemiatkowski controls with his wife and other ultra-wealthy investors, proposed acquiring Double Sunday AB, which owns 6.5% of Klarna and is currently wholly owned by Siemiatkowski, according to a statement. The deal values Double Sunday at 9.5 billion Swedish kronor ($1.03 billion).