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Cevian Discloses 5%+ Holding Of Autoliv

Cevian Capital II Master Fund L.P. has today disclosed to Autoliv, the U.S. Securities & Exchange Commission and to the Swedish regulator Finansinspektionen holdings in securities that correspond to c. 6.9% of the outstanding shares of Autoliv Inc. Christer Gardell of Cevian Capital commented: “Autoliv has built an impressive position in automotive safety systems, including an attractive product portfolio in active safety and autonomous driving. We support the decision to separate the Electronics business, named Veoneer, and are convinced that both Autoliv and Veoneer have strong potential for further value creation.”...