Chrysalis Sells Off Klarna Stake for £34m After Stock Plunge

Chrysalis sells off Klarna stake for £34m after stock plunge

Chrysalis Investments has sold off its remaining stake in buy now, pay later firm Klarna following a bruising plunge in the fintech’s value over the last year. The British investment trust said on Monday it had offloaded its remaining holdings in the Swedish company for £34m, which followed on from a £6m sale in July. [...]

Chrysalis returns £25m to shareholders after selling Klarna

Chrysalis (CHRY) has announced its first return of capital in its managed wind-down, saying it will return £25m following the £34m sale of its remaining stake in Klarna, the New York-listed credit provider. The money will be paid out tomorrow through a compulsory purchase of Chrysalis shares at 127p. Having fallen 38% this year, Chrysalis […]

Chrysalis Investments completes sale of stake in Klarna

Chrysalis Investments Limited has completed the sale of its entire remaining shareholding in Klarna Group plc for aggregate cash consideration of approximately £34 million.