Geely Holding, which also owns the Volvo car brand as well as a stake in Germany’s Daimler DIAGn. Zhejiang Geely Holding has been given approval by Swedish authorities to buy the 8.2% stake of Swedish truckmaker Volvo owned by activist investor Cevian , Swedish radio has said. Geely already owns the AB Volvo car brand and a stake in Cevian 's Daimler .
Zhejiang Geely Holding has been given approval by Swedish authorities to buy the 8.2% stake of Swedish truckmaker Volvo owned by activist investor Cevian , Swedish radio has said. Geely already owns the AB Volvo car brand and a stake in Cevian 's Daimler .