February 7, 2013 / 2:41 PM / in 4 years

BRIEF-Volvo says has no plans to buy French Nexter

1 Min Read

STOCKHOLM, Feb 7 (Reuters) - Volvo AB : * Dismisses media speculation concerning acquisition of nexter of France * Says has no plans to acquire the French company Nexter, a manufacturer of products for the defense industry * Says article in Dagens Industri on February 7 described the possibility of the Volvo Group merging or combining some of its operations with Nexter * Says person interviewed in article, incorrectly named as president of Panhard, acquired by Volvo last year, does not represent the Volvo Group and the strategy described is very far from the truth

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