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Cevian Capital completes sales of AB Volvo stake

Cevian Capital has today completed the sale of its entire shareholding in AB Volvo to Nomura International (Nomura) and Barclays Capital Securities Limited (Barclays).

The sales comprises 88.47 million A-shares and 78.77 million B-shares, corresponding to 8.2 per cent of the company’s share capital and 15.6 per cent of the votes.
 
Nomura and Barclays have committed to sell the AB Volvo shares to Geely Holding, and Geely Holding has committed to acquire the shares following the receipt of necessary regulatory approvals. 

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