Volvo A, B Shares Swapped by Carnegie, Nordea
2014-03-17 09:22:12.853 GMT
By Brian Lysaght
March 17 (Bloomberg) -- Carnegie Investment Bank bought
5.1m Volvo A shares, while Nordea Bank sold the same amount,
according to Bloomberg data.
* Nordea bought 5.2m Volvo B shares, while Carnegie sold ~5.1m
* Nordea owned 44m Class B shares, or 2.76% as of Dec.;
Carnegie owned 9.3m, or 0.6%
* Nordea owned 4.8m Class A shares as of Dec.: Bloomberg data
* Volvo shares are up 0.9% today
* See March 6: Volvo A/B Spread at Widest in 14 Months as
Cevian Builds Stake
* NOTE: A shares carry one vote, B shares one-tenth of a vote;
each class has equal rights to a share in the assets and
earnings
Link to Company News:VOLVB SS <Equity> CN <GO>
Link to Company News:NDA SS <Equity> CN <GO>
Link to Company News:4068717Z SS <Equity> CN <GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the editors responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net
Brian Lysaght
2014-03-17 09:22:12.853 GMT
By Brian Lysaght
March 17 (Bloomberg) -- Carnegie Investment Bank bought
5.1m Volvo A shares, while Nordea Bank sold the same amount,
according to Bloomberg data.
* Nordea bought 5.2m Volvo B shares, while Carnegie sold ~5.1m
* Nordea owned 44m Class B shares, or 2.76% as of Dec.;
Carnegie owned 9.3m, or 0.6%
* Nordea owned 4.8m Class A shares as of Dec.: Bloomberg data
* Volvo shares are up 0.9% today
* See March 6: Volvo A/B Spread at Widest in 14 Months as
Cevian Builds Stake
* NOTE: A shares carry one vote, B shares one-tenth of a vote;
each class has equal rights to a share in the assets and
earnings
Link to Company News:VOLVB SS <Equity> CN <GO>
Link to Company News:NDA SS <Equity> CN <GO>
Link to Company News:4068717Z SS <Equity> CN <GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the editors responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net
Brian Lysaght