Geely Holding Acquires Strategic Stake in AB Volvo from Cevian Capital
Geely to become largest holder of share capital in Sweden’s leading commercial vehicles and industrial engineering group 27 December 2017, Hangzhou, China. Zhejiang Geely Holding Group (Geely Holding), China’s leading privately-owned automotive group, today announced it has reached agreement with Cevian Capital (Cevian), Europe’s largest activist fund manager, to acquire its entire 8.2% share capital holding…