(IN BRIEF) Volvo CE will sell its 70 percent share in SDLG to an LGG-controlled fund for SEK 8 billion, with closing expected in H2 2025 pending approvals. The deal, recognizing a SEK 1 billion one-time operating income gain (subject … Read the full press release →
Posted in Automotive, Business, Construction, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology
Tagged Chinese supplier ecosystem, heavy infrastructure, LGG fund, Lingong Group, Melker Jernberg, Mining Sector, operating income impact, partnership, premium equipment, quarry aggregates, SDLG divestment, Volvo CE, Volvo Construction Equipment
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