12
Jul
13:10
Volvo Cars raises its stake in Polestar
Swedish carmaker Volvo Cars said Monday it’s increasing its ownership in EV maker Polestar to close to what it used to own before a private placement earlier this year diluted the interest.
The undisclosed transaction with PSD Investment will raise Volvo Cars’ stake in Polestar to 49.5%, and bring share returns to its previous level of nearly 50%. The deal should be closed soon, but remains subject to “certain conditions,” Volvo Cars…
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Anonymous
Very good overview of the weekly steel market.
Anonymous