Volvo
Article about Volvo

Published 3 weeks, 1 day ago

Cars Volvo Published by J. Doe

Volvo Cars to evaluate a potential IPO

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

The Board of Volvo Cars has decided to evaluate the possibility of an initial public offering (IPO) of the company on the Nasdaq Stockholm stock exchange later this year. A final decision to list will be subject to market conditions and there can be no certainty that a listing will proceed.

A potential listing could be a logical next step on Volvo Cars’ capital market journey and would enable new shareholders to participate in Volvo Cars’ future as the company continues its transformation into a technology driven, fully electrified car brand.

Original article

May 30, 2021 at 22:12

MORE ARTICLES