Geely sells part of its Volvo shares
November 20, 2023
Zhejiang Geely Holding Group (Geely Holding), China’s largest private-owned automotive group, has decided to release more shareholdings in Volvo Car Group. Geely offered some 100 million shares of Volvo Car Group at a list price of 37 Swedish crowns, resulting in a sales transaction of some €322 million. Thirty-seven crowns are 9% under the closing […]
