Wednesday, June 20, 2007

Renault, AB Volvo eyeing Ford's Volvo Cars-paper

(Reuters) - Analysts were doubtful, saying such a move made little industrial sense for AB Volvo.



"This looks like a bad solution for Volvo's shareholders as there is no real industrial logic in buying a stake ... I think it would be very strange if they would take such a step", Danske Equities analyst Henrik Breum said.


Read more at Reuters.com Mergers News

No comments: