Renault Sells Volvo Stake for $1.92B to Lower Debt

Renault SA, which is losing sales faster than any other European carmaker, sold its remaining Volvo AB stake for 12.8 billion kronor ($1.92 billion) to boost funding, ending an 11-year run as the Swedish truckmaker’s largest owner.
Ben Lerer's Vision for the Future of Thrillist
23:08 - Ben Lerer, Lerer Hippeau Ventures' managing partner and Thrillist Media Group's chief executive officer, discusses Axel Springer buying a stake in Thrillist and his vision for the future of the media company with Bloomberg's Emily Chang on "Bloomberg West." (Source: Bloomberg)
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