(Bloomberg) -- Shares of truckmaker Volvo AB dropped as much as 5.9% in Stockholm on Friday on news that China’s Zhejiang Geely Holding Group had sold the entirety of its Class B shares ...
Geely became a major holder of Volvo AB, a Swedish manufacturer of trucks, buses and construction equipment, six years ago after buying a 100% stake in Volvo Car AB in 2010 from Ford Motor Co., ...