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    China’s Geely Holding becomes largest Volvo shareholder

    December 28, 2017 1:21PM by Truck News

    STOCKHOLM, Sweden – China-based Geely Holding has purchased Cevian Capital’s stake in AB Volvo, becoming the largest shareholder by capital in the global truck maker. Cevian Capital’s co-founder, Christer Gardell, said: “Today’s announcement concludes over 11 years’ ownership in AB Volvo