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Volvo drops IPO citing trade tensions and downturn

Volvo and its owner, Geely Holding, said they had postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks.

Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/FjohjqcT6QI/volvo-drops-ipo-citing-trade-tensions-and-downturn
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