Volvo attracts KNDS, CMI bids for Renault Trucks Defence -sources

FRANKFURT, July 17 (Reuters) - Swedish truck maker Volvo has attracted two bidders for its armoured vehicles maker Renault Trucks Defence (RTD) worth roughly 500 million euros ($573 million), people close to the matter said. The company put the unit up for sale late last year as it sheds non-core assets to reduce complexity across a group built through a series of large acquisitions. It has already sold its aerospace unit and external IT operations as well as a large real ...

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