China’s Geely puts brakes on Volvo Cars listing, trade war a concern: source

September 10, 2018 admin Business News Comments Off on China’s Geely puts brakes on Volvo Cars listing, trade war a concern: source

Chinese carmaker Geely [GEELY.UL] is delaying plans to list Volvo Cars [IPO-VOLVO.ST] due to uncertainties created by escalating trade tensions and the need to bolster the Swedish brand’s presence in China, said a person familiar with the matter.

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Source:: Reuters – Business News