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Ford confirms deal in Volvo sale to China's Geely
STOCKHOLM (AFP) - US auto giant Ford said Wednesday it had agreed the main terms for selling its Swedish brand Volvo Cars to Chinese carmaker Geely, in a deal that would underline China's growing economic clout.
Nations:China Sweden Activities:2009 Geely Bidding Volvo Source:(AFP)
2009-12-23
Geely taps China banks to back $1.8 billion Volvo deal
HONG KONG (Reuters) - Geely, the Chinese carmaker picked as the preferred bidder for Ford Motor's (F.N) Volvo unit, is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 billion bid, sources said on Tuesday.
Activities:2009 Geely Bidding Volvo Source:(Reuters)
2009-12-01
Ford taps China's Geely as favored bidder for Volvo
WASHINGTON (AFP) - Ford Motor Co., the number-two US automaker, said Wednesday it had tapped Chinese peer Geely as preferred bidder for Volvo Cars, its premium Swedish nameplate.
Nations:Sweden U.S. Activities:2009 Geely Bidding Volvo Source:(AFP)
2009-10-28
Ford picks Geely for Volvo cars bid
LONDON/GOTHENBURG (Reuters) - Ford Motor Co (F.N) named Zhejiang Geely Holding Group as preferred bidder for its loss-making Swedish unit Volvo in what could lead to the biggest overseas acquisition by China's fast-growing auto sector.
Activities:2009 Geely Bidding Volvo Source:(Reuters)
2009-10-28
China's Volvo bid may stall over intellectual property
HONG KONG (Reuters) - Geely Holding's attempt to buy Ford Motor Co's (F.N) Volvo car unit is in danger of stalling over disagreements about intellectual property rights, a source close to the talks said on Wednesday.
Nations:Hong Kong China Activities:2009 Geely Bidding Volvo Source:(Reuters)
2009-10-21
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