Trade war tensions push Volvo Cars to postpone jumbo IPO

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By Aidan Gregory
12 Sep 2018

Geely’s delay of the Volvo Cars IPO this week, in light of trade tensions between the US and China, will leave a large hole in this autumn’s pipeline.

The IPO would have been one of the largest in the EMEA region this year and the biggest in Sweden for over a decade. Geely was said to be seeking a $30bn valuation.

Automobile stocks have sold off this year due to escalating trade disputes between the US ...

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