Volvo AB ADR B(VOLVY)- OTCPK - Current
  • Oct. 20, 2015, 6:55 AM
    • Volvo (OTCPK:VOLVY) announces it will sell its external IT business to HCL Technologies. The company plans to outsource IT infrastructure operations to HCL after the closing.
    • The transaction is expected to provide both cost savings and a capital gain to Volvo.
    • The deal is scheduled to close in Q3.
    | Oct. 20, 2015, 6:55 AM | 1 Comment
  • Feb. 13, 2013, 9:25 AM
    Volvo (VOLVY.PK) makes an investment in DriveCam for an undisclosed amount to become a minority shareholder. Drivecam serves the trucking industry by using real-time analytics to help reduce accidents and lower fuel costs.
    | Feb. 13, 2013, 9:25 AM
  • Jul. 5, 2012, 3:03 AM
    GKN Plc agreed to buy Volvo's aircraft-engine unit for around £700M ($1.1B), sources say, with an announcement expected as soon as today.
    | Jul. 5, 2012, 3:03 AM