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  • volvo trucks.automotiveIT
    Article

    Renault sells remaining stake in truck maker Volvo

    2012-12-13T09:28:17Z

    Renault is selling its remaining stake in AB Volvo and will use the proceeds to reduce debt and make investments both in France and internationally.The French carmaker said the 6.5 pc shareholding in the Swedish truck maker is being sold through a private placement in Sweden and elsewhere. The stake ...