When the acceptance period for Volvo’s offer for Nissan Diesel expired on March 23rd, Volvo had received a total of roughly 96% of the shares outstanding. Since Volvo has received more than two thirds of the shares in Nissan Diesel, a process is now being initiated to redeem the remaining shares outstanding. Since Nissan Diesel will not be releasing its year-end report for 2006 until May 11th, Volvo has decided to postpone its first quarter interim report until the same date – May 11th 2007. Continue reading Volvo to complete purchase of Nissan diesel