Home / / China’s Geely secures financing to buy Volvo: report

China’s Geely secures financing to buy Volvo: report

March 10th, 2010 on Deals Leave a comment

STOCKHOLM (Reuters) – The parent of China’s Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported on Wednesday.

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