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Volvo CE To Buy Swecon's Select Assets For SEK 7 Bln; To Sell Stake In China's SDLG For SEK 8 Bln

24/6 08:58

(RTTNews) - Swedish commercial vehicle maker AB Volvo (VLVLY.PK, VOLVF.PK) announced Tuesday that its unit Volvo Construction Equipment or Volvo CE has agreed to purchase Swecon's select business operations for 7 billion Swedish kronor, and to sell its ownership in China-based SD...

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