Volvo Cars Announces IPO Plan That Could Value It at $25 Billion

Volvo Cars said it plans to launch an IPO in Stockholm, in a deal that could value the car maker at as much as $25 billion

Volvo Cars, the Swedish auto maker owned by China’s Zhejiang Geely Holding, said Monday it will proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say.

Volvo Cars, the Swedish auto maker owned by China’s Zhejiang Geely Holding, said Monday it will proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say

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