Johannes Hellstrom

China’s Geely completes deal to buy AB Volvo stake

Geely announced in February it had bought a stake of almost 10 percent in Germany’s Daimler, AB Volvo’s main rival.

Danish telco TDC backs $6.7b takeover offer from Macquarie-led consortium

Danish telecoms company TDC urged investors to back a $6.7 billion cash offer from Australia’s Macquarie and three Danish pension funds on Monday. “After careful review of our options, the board of directors of TDC believes that the consortium’s offer represents both the most compelling value and the highest transaction… Read more »