Volvo seeks up to US$23 billion valuation in one of Europe’s biggest IPOs this year

October 18, 2021 10:15 PM

STOCKHOLM (REUTERS) – Geely-owned Volvo Cars said on Monday its initial public offering would be priced within a range of 53 to 68 Swedish crowns per share, valuing the automaker at up to US$23 billion in what is likely to be one Europe’s biggest listings this year.

Source : http://www.straitstimes.com/business/companies-markets/volvo-seeks-up-to-us23-billion-valuation-in-one-of-europes-biggest-ipos