Private equity group EQT AB said Jacob Wallenberg Jr, born 1992, was being proposed as a new board member. The family’s investment vehicle Investor AB separately announced that Fred Wallenberg ...

STOCKHOLM–Scientific and analytical instruments provider Advanced Instruments agreed to buy Nova Biomedical in a deal that values the company at $2.2 billion, including debt. Advanced Instruments is ...

The Wallenberg family of industrialists has stepped up its succession planning, placing the first members of its sixth generation on listed company boards in Sweden. Jacob Wallenberg Jr ...

Swedish family Wallenberg wields immense influence. Their wealth rivals Elon Musk’s, yet their name is unfamiliar to most – a testament to their preference for discretion over fame.

I'm also pleased that the appointment extends the relationship between EQT and the next generation of the Wallenberg family." Jacob Wallenberg Jr adds: "I'm very excited to have the opportunity to ...

A unit of Investor AB, the investment firm controlled by Sweden’s Wallenberg family, will buy medical device maker Nova Biomedical in a $2.2 billion deal. The deal will see Nova Biomedical merge ...

In December 1944, the Swedish diplomat Raoul Wallenberg attended a small dinner party in Budapest; also at the table was the Nazi Adolf Eichmann. The two men were in Hungary on opposing missions ...

Founded by the Wallenberg family in 1916, Investor AB holds long-term positions in global companies. In connection with his role at Investor AB, Mr. Wallenberg serves on the Boards of Directors of ...

On May 29, Djurgården, Stockholm’s exclusive enclave of wealth and power, buzzes with activity. One car after another slips into the driveway of the estate, Täcka Udden – whose name loosely ...