04
Oct
19:01
Volvo Cars unveils 2021 IPO plans
Swedish carmaker Volvo Cars confirmed on 4 October its plans to launch an initial public offering (IPO) and list on Nasdaq Stockholm, Kallanish reports.
The Chinese-owned firm said it intended to raise 25 billion Swedish crowns ($2.9 billion) by issuing new shares and that Geely Holding would remain its largest shareholder.
“Volvo Cars will thereby continue to benefit from cooperation within the Geely ecosystem, providing valuable scale and market synergi…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous