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Business * Sweden - Volvo pays $1.3bn for Ingersoll Rand unit
Stockholm,Sweden -Financial Times (UK), by David Ibison -Feb 27 2007: -- Volvo, the Swedish manufacturer of trucks, buses and construction equipment, on Tuesday continued its buying spree with the $1.3bn (€983m) acquisition of the road construction business of Ingersoll Rand of the USA... The purchase follows last week’s $1.1bn takeover bid for Nissan Diesel, the Japanese truck maker, and comes ahead of an expected investment in Dongfeng Motor, a Chinese truck group...
Labels: business
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