27.01.2023 14:07:12

Husqvarna Says Bosch To Buy 12% Stake

(RTTNews) - Husqvarna Group (HSQVY.PK), a Swedish maker of outdoor products including chainsaws, trimmers, etc., said on Friday that Bosch has agreed to buy 12% of its shares.

The Swedish firm noted that it hasn't issued any new shares.

Tom Johnstone, Chairman of Husqvarna Group, said: "We welcome Bosch as a large shareholder in the Husqvarna Group. We have collaborated closely during the development of the Power for All Alliance which is supporting our electrification journey."

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