Brief: Volvo Group Completes Sale Of 45% Stake In Flexis
Thu 06:38
BRIEF-Volvo Group Completes Sale Of 45% Stake In Flexis June 18 (Reuters) - Volvo AB VOLVb.ST:
SAID ON WEDNESDAY THAT VOLVO GROUP, RENAULT GROUP AND CMA-CGM HAS COMPLETED AGREEMENT ON STRATEGIC CHANGE FOR FLEXIS
RENAULT BUYS VOLVO'S 45% AND CMA-CGM'S 10% STAKE IN FLEXIS S.A.S.
TO DISTRIBUTE FLEXIS PRODUCTS VIA RENAULT TRUCKS FROM 2027
DEAL HAS NO MATERIAL IMPACT ON VOLVO GROUP EARNINGS
Source text: ID:nWkrR9CCB
Further company coverage: [VOLVb.ST]
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