Investment firm Industrivarden pulls dividend proposal

STOCKHOLM (Reuters) - Swedish investment firm Industrivarden on Tuesday said it was withdrawing its dividend proposal for 2019 due to lingering uncertainty on the back of the COVID-19 pandemic and its dampening effect on the business climate."Against the background of the prevailing uncertainty causedby the COVID-19 pandemic, the Board of Directors has decided to withdraw the dividend proposal," Industrivarden, which owns stakes in companies such as AB Volvo , Essity , Sandvik and Ericsson ,..