The previously announced negotiation with Livescribe concerning an unpaid amount of 2.5 MUSD that became due December 31, 2008 has now been agreed. Livescribe’s debt has been converted to SEK 20.075.000. Livescribe has secured additional funding of 10.175 MUSD and shall pay the debt to Anoto gradually over the next 22 months, starting when Livescribe [...]
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The Volvo Group has signed a final agreement with the Indian vehicle manufacturer Eicher Motors covering establishment of a new Indian joint-venture company. As announced previously, the joint venture, with the proposed name VE Commercial Vehicles Ltd. comprises Eicher Motors’ entire truck and bus operations and the Volvo Group’s Indian truck sales operations and service [...]
