(The following statement was released by the rating agency) LONDON, December 10 (Fitch) Truck manufacturer Volvo 's sale of an equipment rental unit and acquisition of a mining-equipment business signal another round of M&A by European
STOCKHOLM (Reuters) - World number two truck maker Volvo said on Tuesday it had agreed to sell its machine rental business in North America to U.S. private equity firm Platinum Equity for about 7.2 billion Swedish crowns ($1.1 billion).
* Sale to dent Q4 EBIT by about 1.5 bln SEK (Adds detail, background)
STOCKHOLM, Dec 10 (Reuters) - World number two truck maker Volvo said on Tuesday it had agreed to sell its machine rental business in North America, Volvo Rents, to U.S. private equity firm Platinum...
By KM Research : As we approach year-end, a sure contender for the "Stock of The Year" award is Tesla Motors ( TSLA ). TSLA began 2013 as a real underdog story, and is a company that is no stranger to being target practice for short sellers. A lot has happened since then, and Tesla is currently the
sell its off-highway truck business to Volvo for about $160 million. Although we view ..... asset given its current weakness, but that Volvo should see improving results as the European ..... mining activity improves. According to Volvo , this business generated about $370 million
Ascent's ( ASTI +6.3% ) solar modules will be used to power Volvo 's Pure Tension Pavilion , which the automaker is using to show off its new V60 hybrid car. Thanks to Ascent's flexible panels
STOCKHOLM, Dec 2 (Reuters) - Activist fund Cevian Capital said on Monday it had raised its stake in Volvo to 10.5 percent of votes and voiced confidence in the ability of world's second biggest truck maker to make good on a drive to boost profitability.
STOCKHOLM, Dec 2 (Reuters) - Activist fund Cevian Capital said on Monday it had bought 25 million A-shares in AB Volvo , the world's second biggest truck maker, to put its stake at 10.5 percent of...
Volvo ( VOLVY ) says it will soar past sales targets in China this year as it continues to reach into new segments in the nation. Though still