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Volvo postpones AGM to get more time for Scania deal

STOCKHOLM, Feb 17 (Reuters) - Sweden's Volvo, the world's second biggest truck maker, said on Tuesday it postponed its annual shareholders meeting to have more time to clarify and prepare for a deal regarding its stake in riavl Scania.

The AGM will now be held on April 16 rather than as previously planned on March 22.

Volvo holds 45 percent of capital and 30.6 percent of votes in Scania which it acquired in a failed merger attempt in 2000. The European Commission has ruled Volvo must sell the shares by April 24.