1. China's Geely Takes $3.3 Billion Stake in Swedish Truck Maker Volvo

    China's Geely Takes $3.3 Billion Stake in Swedish Truck Maker Volvo

    China's Geely Holding, which already owns the Volvo Car Group, is buying an 8.2 percent stake in Swedish truck maker AB Volvo from activist investor Cevian Capital for around $3.3 billion (£2.46 billion)...

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    1. Given our experience with Volvo Car Group, we recognise and value the proud Scandinavian history and culture, leading market positions, breakthrough technologies and environmental capabilities of AB Volvo.
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