global alliance of automotive manufacturing, financing, and sales operations. The company's alliance partners consist of AB Volvo (of which it owns 6.5%), AvtoVAZ (25.0%) Dacia (99.4%), Nissan (43.4%), Renault Samsung Motors (80
(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).
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...
On Monday, no-moat Terex announced that it will sell its off-highway truck business to Volvo for about $160 million. Although we view this price as positive for Terex, we plan to maintain our $36 per share fair value
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...
of diesel and natural gas engines for vehicles. The company was established in 1919 and has strong relationships with top truck manufacturers like Volvo , Ford ( F ) etc. The company generated over $18 billion in revenues in 2011 and serves customers in over 190 countries
STOCKHOLM, Oct 24 (Reuters) - Volvo AB : * Shares down 8 percent in early trading after Q3 results
negatively impacted first-half 2012 EBIT by EUR 176 million. Equity in associated companies--including the profits of Nissan, AB Volvo , and AutoVAZ--attributable to Renault, was EUR 630 million, increasing 13% from EUR 557 million last year. Due to the