Two Blokes

Volvo Construction Equipment to sell stake in China's SDLG for $837 million

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    Posted by Two Blokes Jun 24 - Filed in Stock - 3 views
    Volvo's Construction Equipment (CE) unit said on Tuesday it will sell its 70% stake in China's Shandong Lingong Construction Machinery Co to a fund primarily owned by minority owner Lingong Group for 8 billion Swedish crowns ($837 million).