Geely just bought 8.2% of Volvo Trucks
China’s Geely Holding, which already owns the Volvo Car Group takes a sizeable 8.2% stake in Swedish truck maker AB Volvo from activist investor Cevian Capital for around USD3.3 billion. Volvo Car Group was split from AB Volvo almost 20 years ago and Geely said it was not its current intention to try to […]
