Volvo to sell rental unit to private equity for $1.1 billion

STOCKHOLM (Reuters) – World number two truck maker Volvo said on Tuesday it had agreed to sell its machine rental business in North America to U.S. private equity firm Platinum Equity for about 7.2 billion Swedish crowns ($1.1 billion).



Link to article: feeds.reuters.com/~r/reuters/businessNews/~3/BdgrmvsRWDw/story01.htm

Leave a Reply

Your email address will not be published. Required fields are marked *