Volvo Cars's China owner seeks carmaker's IPO in 2018

Note: This section contains information in English only.
Source: Dukascopy Bank SA
China's Zhejiang Geely Holding, the owner of Volvo Cars, said it had hired Citigroup, Morgan Stanley and Goldman Sachs for an IPO this year, raising chances to value Sweden's automaker at between $16-$30B.

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