May 21 (Reuters) - Volvo AB VOLVb.ST:
VOLVO FINANCIAL SERVICES AND EICHER MOTORS LIMITED ANNOUNCE JOINT VENTURE FOR FINANCIAL SERVICES IN INDIA
FINANCIAL SERVICES AND EICHER MOTORS TO FORM 50-50 JOINT VENTURE IN INDIA
DEAL CLOSING EXPECTED IN FIRST HALF OF 2027 PENDING REGULATORY APPROVALS
IMPACT ON EARNINGS AT CLOSING OF TRANSACTION WILL NOT BE SIGNIFICANT
INITIALLY, PROPOSED JV WILL FOCUS ON FINANCING VOLVO AND EICHER COMMERCIAL PRODUCTS
VFS AND EICHER INTEND TO OPERATE PROPOSED JV AS AN INDEPENDENT ENTITY
Source text: ID:nWkr8HHm91
Further company coverage: [VOLVb.ST]
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