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Official: Ford Completes Sale Of Volvo To Geely

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Old 08-02-2010, 05:10 AM
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Default Official: Ford Completes Sale Of Volvo To Geely

It's official. Ford (NYSE: F) has announced today that it has completed the sale of Volvo and*its related assets to the Zhejiang Geely Holding Group Company Limited (Geely). The total purchase price for Volvo and the assets set forth in an agreement signed back in March was $1.8 billion, including a $200 million note and the balance in cash, with...

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Last edited by Jazz; 08-04-2010 at 07:08 PM.
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