Renault said on Thursday (13 December) it had completed the sale of its entire stake in truckmaker Volvo AB.

The institutional private placement of 138,604,945 series A shares is 6.5% of the share capital and 17.2% of the voting rights in Volvo AB.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

At SEK92.25 a share, the proceeds were SEK12.78bn.