It’s been a good run – just over 11 years – and, ultimately, it’s been a profitable one. Now, however, Cevian Capital is to sell its stake in AB Volvo for around €3.25bn (US$3.8bn) to Geely Holding Group and, as the door shuts on the long-running saga that has pitted activist against conglomerate, so another door opens for the truck OEM that promises no little intrigue….
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March 21, 2019