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Tag: medium-duty engines for off-road applications
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Volvo increases Deutz shareholding
Volvo has signed an agreement with Deutz to increase their shareholding from 6.7 percent to more than 25 percent, making Volvo the single largest Deutz shareholder. Volvo bought approximately $163 million shares from Same Deutz-Fahr Group (SDF), paying just over $7 per share. Once the transaction is complete, SDF will own 8.44 percent of shares […]
June 19, 2012
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