Search Results for ‘ipo’

After hiring financial advisors earlier this year, a move many believed was a precursor to an initial public offering (IPO), Volvo parent company Geely now claims the waters are too choppy to float any shares in the resurgent Swedish automaker. First reported by the Financial Times this past...

Volvo is looking at launching a public share offering, but reports say that investors might value the company less than the owners do. Citing persons close to the deal who asked not to be named, Bloomberg says that there's a gap between what China's Zhejiang Geely things the Swedish automaker...