Business

Volvo Cars Announces $ 25 Billion IPO Plan

Volvo XC40 Recharge Electric SUV at a Stockholm dealership.


Photo:

Michael Schebelui / Bloomberg News

Volvo Cars, a Swedish automaker owned by China’s Geely Holding Group, said Monday that it would go public in Stockholm. You can value it for over $ 25 billion..

(More will come.)

Write to Ben Dammet ben.dummett@wsj.com And in William Boston william.boston@wsj.com

Copyright © 2021 DowJones & Company, Inc. all rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Volvo Cars Announces $ 25 Billion IPO Plan

Source link Volvo Cars Announces $ 25 Billion IPO Plan

Back to top button