The company that owns Volvo’s car business is now planting its flag on the separate truck company that also bears the Volvo name. Geely Holding will purchase an 8.2-percent stake in AB Volvo in a deal said to be worth $3.3 billion, reports Reuters. Geely will acquire all the shares previously held by Cevian Capital....
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Geely Buys 8.2 Percent Stake of Volvo Truck appeared first on
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