Trade war tensions push Volvo Cars to postpone jumbo IPO
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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