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INDIA: Volvo to sell stake in Eicher Motors – reports

Volvo reportedly plans to divest some of its stake in Eicher Motors for up to US$250m to $300m.

March 4, 2015

Volvo reportedly plans to divest some of its stake in Eicher Motors for up to US$250m to $300m.

At 31 December 2014, Volvo had an 8.4% stake in the Indian firm.

An Eicher spokesperson declined to comment, The Economic Times reported citing PTI.

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INDIA: Volvo to sell stake in Eicher Motors – reports