AB Volvo and Renault sign settlement agreementVolvo and Renault • October 28th, 2004 • Aktiebolaget Volvo \Publ\ • Motor vehicles & passenger car bodies
GOTEBORG, Sweden, Oct. 27, 2004 (PRIMEZONE) -- AB Volvo and Renault have signed a settlement agreement regarding the disagreement the companies have had since 2001 pertaining to Volvo's acquisition of Renault VI/Mack. According to this settlement, Renault will transfer EUR 108 M to AB Volvo.
