Folksam boosts ownership in Volvo Cars while AP1 divests
Ownership of the traditionally Swedish carmaker is changing shape as two of the country's biggest pension funds make investment moves.
Reeta Paakkinen
Swedish pensions and insurance group Folksam has expanded its ownership in Volvo Cars, the Chinese-owned company with Swedish roots. Folksam says it acquired further preferred stocks in Volvo Cars for a nominal value of SEK 750 million (EUR 72 million) in late December.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Major investors may flee Danske Bank securities over scandal
For subscribers
