Volvo Cars gives itself $18 bln price tag as cuts IPO size - NewsBreak

STOCKHOLM, Oct 25 (Reuters) - Volvo Cars shrank its initial public offering on Monday, pricing it at the bottom of a previously announced range and valuing the Geely-owned (GEELY.UL) business at just over $18 billion. European and U.S. IPO markets have been hit by cancellations as inflation and global supply...