Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Press release

Volvo Car AB (publ): Volvo Cars completes the divestment of its 30 per cent stake in Lynk & Co

Volvo Car

Volvo Car AB (publ) ("Volvo Cars") today announces the successful completion of the divestment of its 30 per cent stake in Lynk & Co to Zhejiang Zeekr Intelligent Technology Co., Ltd. ("Zeekr"), a transaction valued at RMB 5.4 billion (approximately SEK 8 billion).

The divestment received approval from an Extraordinary General Meeting of Volvo Cars shareholders on February 6 and 70 per cent of the consideration has now been paid in cash. The remaining 30 per cent plus interest will be paid one year after today's closing.

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team