Official: Ford Sells Volvo To Geely For $1.8 Billion
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Official: Ford Sells Volvo To Geely For $1.8 Billion
Ford has confirmed it has reached a definitive agreement to sell Volvo and the Swedish automaker’s related assets to Zhejiang Geely Holding Group Company Limited (Geely). The sale isn’t expected to close until the third quarter of the year--and is still subject to customary closing conditions, including regulatory...
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Last edited by Jazz; 03-28-2010 at 05:26 PM.
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