STOCKHOLM: China’s Geely Holding [GEELY.UL], owner of the Volvo car brand, is buying an 8.2 per cent stake in Swedish truck maker AB Volvo (VOLVb.ST) from activist investor Cevian Capital, worth around $ 3.3 billion at current market prices. Geely’s expertise in the Chinese market and skills in developing electric and autonomous vehicles should help Read More
