Tag Archives: Cevian Capital

Now, Volvo Trucks has a Chinese connection

Now, Volvo Trucks has a Chinese connection

The ambitions of China’s Zhejiang Geely Holding Group to acquire a small stake in Daimler was turned down last month. But the Chinese major wanted a pie in the growing truck segment. Now Geely, which owns Volvo Car Group, will buy 8.2% stake in Swedish truck maker AB Volvo from Cevian Capital for about $3.3

Top