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Volvo to reduce its stake in Polestar from 48 to 18 per cent

Volvo Cars will reduce its stake in Polestar to 18 per cent. To this end, the Swedes want to sell shares worth 9.5 billion crowns (approx. 850 million euros) to their shareholders. In other words: first and foremost to Geely. The transaction is scheduled to be finalised this spring.

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