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Shareholders shake Volvo

26th January 1979
Page 7
Page 7, 26th January 1979 — Shareholders shake Volvo
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Which of the following most accurately describes the problem?

VOLVO'S proposed accord with the Norwegian Government has hit a set back, following a successful move by company_ shareholders.

SARF, the Swedish Siiareholders' Association, has objected to the plan which it sees as a measure to bring the company into public ownership, and plans to fight the deal.