15
Apr
12:23
Polestar raises $500 million in fund raising
Swedish electric performance car company Polestar, a subsidiary of China’s Geely, announced on Thursday the completion of a $500 million round of investments.
It was the first time the company attracted external investors and most likely won’t be the last. In fact, Polestar is already in talks with unnamed global investors about a possible additional fund raising, Kallanish reports.
The private placement will help the company “to accelerate its…
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Anonymous
Very good overview of the weekly steel market.
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