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Renault Exits AB Volvo’s Capital With Proceeds of €1.48bn

Renault’s decision to sell its remaining shares in AB Volvo will help the French company improve its automotive debt position and also contribute to the OEM’s domestic and overseas investment programme. The company has confirmed that the total proceeds from the successfully-completed sale amounted to SEK 12.78bn (US$1.92bn). The holding dated It’s time to log … Continued

Renault’s decision to sell its remaining shares in AB Volvo will help the French company improve its automotive debt position and also contribute to the OEM’s domestic and overseas investment programme. The company has confirmed that the total proceeds from the successfully-completed sale amounted to SEK 12.78bn (US$1.92bn).

The holding dated

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