Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, welcomes Geely Sweden Holding as a potential direct new shareholder. Volvo Cars is evaluating a potential adjustment to its shareholding in Polestar including a distribution of shares to its shareholders, with Geely Sweden Holding being the primary recipient. Volvo Cars will remain a strategic partner in areas across R&D, manufacturing, after sales and commercial. Polestar has made significant p.
The Foreign portfolio investors (FPIs), however, cut their stakes in 5 group firms - Adani Power Ltd, Adani Total Gas Ltd, ACC Ltd, Adani Energy Solutions Ltd, and Adani Green Energy Ltd - in the December quarter.
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