Automakers

Volvo Cars gears up for $20 billion stock offering in coming weeks, report says

Volvo grille new web.jpg
R
By:
Reuters
September 15, 2021 03:24 PM

STOCKHOLM -- China's Geely Holding is in advanced discussions with banks to list its Volvo Cars unit in the coming weeks, three sources told Reuters, in what is expected to be one of Europe's biggest initial public offerings this year.

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