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Volvo Cars initiates process to fully acquire NOVO Energy, Sweden
On October 30, Volvo Cars announced that it will exercise its redemption rights to acquire Northvolt AB's shares in their NOVO Energy, joint venture between Northvolt and Volvo Car. The action follows Northvolt AB’s breach of the shareholders’ agreement by not meeting its financing obligations.
Volvo Cars is evaluati....
Volvo Cars is evaluati....
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