China's Geely completes deal to buy AB Volvo stake

China's Geely completes deal to buy AB Volvo stake

A building of the Geely Auto Research Institute is seen in Ningbo, Zhejiang province, China August 4, 2017. REUTERS/Aly Song/Files

China’s Geely Holding has assumed ownership of a 14.9 per cent voting stake in Swedish truckmaker AB Volvo, a disclosure notice showed on Monday, completing a deal which has been pending since December.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter