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.
Most Recent Videos
Petraeus Recounts 'Chilling Experience' of Losing Troops
07:27 - Retired General David Petraeus describes the first time he learned that soldiers under his command had been killed in action. He spoke to David Rubenstein for the latest episode of Bloomberg Television's "The David Rubenstein Show: Peer-to-Peer Conversations." (Source: Bloomberg)