China's Geely takes $3.3 billion stake in Swedish truck maker Volvo

STOCKHOLM (Reuters) - China's Geely Holding , which already owns the Volvo Car Group, is buying an 8.2 percent stake in Swedish truck maker AB Volvo from activist investor Cevian Capital for around $3.3 billion (£2.46 billion).

from Reuters: Top News http://uk.reuters.com/article/uk-volvo-geely/chinas-geely-takes-3-3-billion-stake-in-swedish-truck-maker-volvo-idUKKBN1EL0F2?feedType=RSS&feedName=topNews