Volvo Passes Around the Hat Ahead of Possible IPO

Volvo denies that it wants to return to publicly listed status, but a new round of fundraising has many believing the Swedish automaker is about to end its 20-year absence from the stock market. According to the Financial Times, the Geely-owned company hopes to raise about $500 million from a new batch of preference shares. […] The post Volvo Passes Around the Hat Ahead of Possible IPO appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA