Volvo investor says share plan is about liquidity

Newswire

STOCKHOLM, Jan 27 (Reuters) - World number two truck maker Volvo's second biggest owner said on Thursday it did not believe a proposed plan for converting shares in the truck maker presaged Renault selling its holding. Earlier on Thursday, Renault and Swedish investment group Industrivarden proposed Volvo alter its articles of consitution to allow conversion of A-shares into the more liquid B-shares, a move seen by an analysts as setting the stage for Renault selling its stake, currently ...

Premium Content (PAID Subscription Required)

"Volvo investor says share plan is about liquidity" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×