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Volvo completes divestiture of Volvo Rents

Monday, 3 Feb 2014 02:00am EST 

AB Volvo:Says the previously announced divestiture of Volvo Rents was completed on Jan. 31.Says the price amounted to $1,1 billion, corresponding to 7 billion Swedish crowns.Says Volvo Rents, formed in 2001, offers rental of a comprehensive range of machines intended for the construction and engineering industry, including Volvo CE products. 

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