STOCKHOLM, Sept 16 (Reuters) - Swedish activist fund company Cevian Capital has raised its stake in truck maker Volvo to 12.9 percent of voting rights and 5.1 percent of share capital according to a disclosure notice on Tuesday.
Swedish auto company Volvo Bus Corp is in talks with Prasarana Malaysia Bhd (Prasarana), Malaysia's public-transport company, to introduce its electro-mobility bus concept to the local public transportation operations.
completed the sale of its off-highway truck business to Volvo Construction Equipment for $160 million. This transaction ..... unit is likely to be more successful in Volvo ’s extensive construction equipment portfolio. While the sale price
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
STOCKHOLM (Reuters) - Lonking , one of the largest companies in the Chinese loader market and a rival of Volvo Construction Equipment (VCE), rose 10 percent on Monday after it issued a positive...
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...
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