Volvo wins 96 pct of Nissan Diesel, to delay Q1

Newswire

STOCKHOLM, March 25 (Reuters) - Sweden's Volvo , the world's No. 2 truck-maker, said its 7.4 billion Swedish crown ($1.1 billion) bid for Nissan Diesel had been accepted by holders of about 96 percent of the Japanese company's shares. In a statement released on Saturday, Volvo also announced plans to delay its first-quarter earnings report from April 25 to May 11, when Nissan Diesel is due to release its 2006 year-end results. Volvo said it will begin a process to redeem the remainder of ...

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