STOCKHOLM, July 27 (Reuters) - Activist shareholder Cevian Capital said on Friday Swedish fund Parvus was leaving the joint venture set up by the two firms to hold a stake in Volvo , the world's second biggest truck maker.
Cevian said in a statement the decision by Parvus to exit the Violet Partners L.P. joint venture reduced the Violet's stake in Volvo to 4.2 percent of votes and 1.6 percent of capital. It previously held 5.4 percent of votes and 2.1 percent of capital.