Geely had launched a placing of 100 million Volvo Cars shares, which the deal s bookrunners said after the market close were sold at around $350m in total.
The firm averted a strike by some of its staff after signing a collective bargaining agreement with the Financial Sector Union of Sweden late last week
Police in Malmo said they were pelted with rocks and dozens of cars were set on fire, including in an underground garage, describing the events that started on Sunday and lasted overnight as “a riot”