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.
The rest is here:
Geely taps China banks to back Volvo deal: sources
(Reuters)
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(Reuters)
Geely taps China banks to back Volvo deal: sources (Reuters)
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