VLVLY - Volvo Opts To Divest Arquus Defence Unit | Benzinga
Swedish luxury vehicle company Volvo (OTC:VLVLY) has announced an agreement to sell its Arquus defense unit to John Cockerill Defense.
The deal will be finalized after mandatory consultations with staff representative bodies. The consultations are expected to be finalized in first-quarter 2024.
This strategic move is expected to result ...