Geely taps China banks to back Volvo deal -sources
on December 1st, 2009
HONG KONG (Reuters) - Geely, the Chinese carmaker tagged as the preferred bidder for Ford Motor’s Volvo unit, is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 billion bid, sources said on Tuesday.
Credit:
Geely taps China banks to back Volvo deal -sources
Leave a Reply
You must be logged in to post a comment.