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Volvo Cars looking to list on Nasdaq Stockholm this year

STOCKHOLM, May 12 (Reuters) - Swedish automaker Volvo Cars said on Wednesday it is considering listing on the Nasdaq Stockholm stock exchange this year.

The company, which is owned by China’s Geely Holding Group , also said it extended Chief Executive Hakan Samuelsson’s contract to the end of 2022.

Geely’s Hong Kong-listed unit Geely Automobile and Volvo Cars scrapped a merger plan in February. (Reporting by Supantha Mukherjee in Stockholm; editing by John Stonestreet)

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